By Modupe Gbadeyanka Nigerians living in the country have been given a nine-month grace period to return all Dollar cash in their possession to the financial...
By Adedapo Adesanya The Nigerian government may be considering a $10 billion fine on Binance, a crypto exchange platform, amid a crackdown on crypto platforms in...
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has directed authorised foreign exchange (FX) traders, particularly commercial banks, from disbursing cash to customers for Business...
By Adedapo Adesanya A former president of Nigeria, Mr Olusegun Obasanjo, has said the country must work towards weaning itself from the over-dependence on oil and...
By Dipo Olowookere The foreign exchange (FX) crisis in the country took a toll on the Nigerian Exchange (NGX) Limited on Thursday, weakening it by 0.38...
By Adedapo Adesanya The current shortage in foreign exchange (forex) in the country has forced the Central Bank of Nigeria (CBN) to introduce a mechanism for...
By Adedapo Adesanya The foreign exchange crisis continued to hit hard as the Naira further depreciated against the Pound Sterling on Thursday, August 6, 2020. At...
By Dipo Olowookere The foreign exchange crisis in Nigeria continued to sink deeper as the local currency further weakened against the Dollar at the parallel market...
By Dipo Olowookere The worsening state of the Naira and rising non-performing loans have put banks in a precarious position and needing to raise fresh capital...
By Modupe Gbadeyanka The Nigerian local currency exchanged at N500 to the Dollar on the parallel market on Monday morning, Business Post reports. This comes amid...
