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FX

6 Jun 2022
Amid the protracted currency market crisis, the President of the Association of Bureaux de Change Operators of Nigeria (ABCON), Dr. Aminu Gwadabe, says the bureau de change (BDC)
16 May 2022
The Managing Director of FSDH Merchant Bank, Bukola Smith, has urged the government must avoid policy flip-flops to restore confidence in the economy with a focus on the investment market.
9 May 2022
The Presidential Enabling Business Environment Council (PEBEC) has said that the reforms undertaken by the Seventh National Action Plan (NAP 7.0) are geared toward enhancing Nigeria’s
9 Apr 2022
The Central Bank of Nigeria of Nigeria (CBN) said it would begin payment of N65 rebate to exporters who sold their goods through the importers and exporters (I&E) window, at the end of the first quarter.
4 Apr 2022
For the umpteenth time, Nigeria walks a tightrope as it battles to rescue the economy from legacy challenges, including fiscal recklessness, inefficient public service, poor accountability, worsening insecurity, tumbling infrastructure, self-inflicted foreign exchange...
28 Mar 2022
Eight months after the Central Bank of Nigeria (CBN) stopped funding Bureaux de Change (BDCs) operations, the Association of Bureaux de Change Operators of Nigeria (ABCON) is seeking the return of its members.....
CBN governor Emefiele
21 Mar 2022
Bankers and other operators in the Nigerian financial market have identified deployment of commodities ecosystem as a means, which the Central Bank of Nigeria (CBN)
23 Feb 2022
Stakeholders in the maritime industry have said the Central Bank of Nigeria’s (CBN) plan to stop the sale of foreign exchange (FX) to commercial banks will drive importers to source funds from the Republic of Benin, Ghana and Togo.
21 Feb 2022
As part of strategic objectives to promote sustainable economic growth and development, Fidelity Bank Plc, has urged investors to take advantage of opportunities that abound in the new Central Bank of Nigeria
11 Feb 2022
The Central Bank of Nigeria (CBN), in what it described as the beginning of a “new journey”, has commenced the implementation of a set of policy actions to raise $200 billion in foreign exchange...
19 Jan 2022
Port Manager, Lagos Port Complex, Funmilayo Olotu, has said that Nigeria needs more export activities to boost its forex inflow, as it is needed to enhance economic growth and development.
4 Jan 2022
The monetary authority is in a good position to ease foreign exchange (FX) pressure as its coffers have been enhanced by a sizable $7.3 billion liquidity – $4 billion Eurobond issuance

Latest

4 mins ago
The All Progressives Congress (APC) has debunked speculations by opposition political parties that President Muhammadu Buhari was attacked by miscreants during his Kano visit on Monday.
2 hours ago
The Peoples Democratic Party (PDP) has condemned the attack on President Muhammadu Buhari on Monday in Kano State by miscreants.
2 hours ago
Dr Josef Onoh is the southeast spokesman of the All Progressives Congress (APC) Presidential candidate, Senator Bola Ahmed Tinubu. Still a member of the Peoples Democratic Party (PDP) where he aspired for the 2023 gubernatorial bid in Enugu state. He was in the Enugu state House of Assembly during the Dr Chimaroke Nnamani's leadership of…
2 hours ago
The FCT Police Command has moved against scavengers perpetrating criminal activities within the seat of power.
2 hours ago
Human Rights Writers Association of Nigeria, (HURIWA), on Monday, said that the existing severe scarcity of newly introduced Naira notes in most banks across Nigeria is a huge threat to national security.