Tag: Forex

Naira Rises as CBN Supplies $245 Million

The naira closed the official foreign exchange (FX) market on a positive…

Oluwadara Akingbohungbe

CBN Eases Access to Forex for Milk and Dairy Imports

The Central Bank of Nigeria (CBN) has announced the lifting of restrictions…

Muhammad A. Aliyu

ONSA, CBN Collaborate to Tackle Forex Speculators

The Office of the National Security Adviser (ONSA) and the Central Bank…

Muhammad A. Aliyu

CBN Introduces New Guidelines to Curb Forex Speculation by Banks

The Central Bank of Nigeria (CBN) has issued a new set of…

Muhammad A. Aliyu

CBN Releases $500 Million to Settle Backlog of Verified Forex Transactions

The Central Bank of Nigeria (CBN) has announced the release of $500…

Muhammad A. Aliyu

CBN Lifts Forex Ban on 43 Items, Promises Market Intervention

The Central Bank of Nigeria (CBN) has revealed plans to enhance liquidity…

Muhammad A. Aliyu

CBN Announces Unification of Forex Segments into I&E Window

The Central Bank of Nigeria (CBN) has made significant changes to the…

Muhammad A. Aliyu

Forex: CBN denies report of plan to convert currency in domiciliary accounts to naira

The Central Bank of Nigeria (CBN) has denied a report on social…

Farouk Mohammed