Tag: Forex

Naira Strengthens Against Dollar, Closes January at N1,475/$1

  The Nigerian Naira staged a remarkable comeback in January 2025, closing…

Genesis Obong

Nigeria Clears $7bn Forex Backlog, Boosting Investor Confidence

The Central Bank of Nigeria (CBN) has announced that it has cleared…

Genesis Obong

CBN Launches FX Code to Promote Transparency, Fairness in Nigeria’s Forex Market

The Central Bank of Nigeria (CBN) has introduced the Nigeria Foreign Exchange…

Muhammad A. Aliyu

CBN Governor Cardoso Reveals Nigeria Lost ₦6.2 Trillion to FX Subsidy in 2022

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has…

Muhammad A. Aliyu

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