By Modupe Gbadeyanka Commercial banks operating in Nigeria have maintained that they would not allocate foreign exchange (FX) to any customer who refuses to submit a...
By Modupe Gbadeyanka A total of $325.64 million has been injected into the Retail Secondary Market Intervention Sales (SMIS) by the Central Bank of Nigeria (CBN)....
By Modupe Gbadeyanka Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, has been directed by the House of Representatives ad hoc committee on the review...
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) said its foreign exchange utilisation records for banks showed a disbursement of $1.1 billion in November 2016....
By Modupe Gbadeyanka Central Bank of Nigeria (CBN) has been directed by President Muhammadu Buhari to prioritise foreign exchange allocation to manufacturers in order to forestall...