Travel/Tourism Airline Operators, CBN Clash Over FX Backlog Settlement Claims January 31, 2024 Adedapo Adesanya By Adedapo Adesanya There is a disagreement between the Central Bank of Nigeria (CBN) and foreign airline operators regarding the claims by the former Read More
Economy CBN Releases Fresh $500m to Clear FX Backlog January 29, 2024 Modupe Gbadeyanka By Aduragbemi Omiyale An additional $500 million has been released by the Central Bank of Nigeria (CBN) to clear the verified foreign exchange (FX) Read More
Economy Naira Gains 1.5% After CBN Clears Part of FX Backlogs January 9, 2024 Adedapo Adesanya By Adedapo Adesanya The Naira regained confidence on Monday by chalking up 1.5 per cent or N12.82 against the US Dollar in the Nigerian Read More
Economy Naira Value Strengthens as CBN Moves to Clear FX Backlog September 6, 2023 Adedapo Adesanya By Adedapo Adesanya The Nigerian Naira eased recent pressure against the US Dollar in the Investors and Exporters (I&E), black market, and the Peer-to-Peer Read More