By Adedapo Adesanya The Central Bank of Nigeria (CBN) has released a new directive warning banks from hoarding excess foreign currency for profit. The new circular...
By Adedapo Adesanya Despite a significant increase in the demand for foreign currencies at the Investors and Exporters (I&E) segment of the foreign exchange (forex) market...
By Modupe Gbadeyanka The Nigerian currency yesterday performed well at the parallel market by recording a slight appreciation against major foreign currencies at the market. Specifically,...
