By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has been asked to review it foreign exchange policy amid the free fall of the local currency...
By Modupe Gbadeyanka Central Bank of Nigeria (CBN) has reacted to a media report suggesting that the Office of the Attorney General of the Federation and...
By Modupe Gbadeyanka The reason behind the Central Bank of Nigeria (CBN)’s inability to meet foreign exchange demand of oil marketers in the country has been...
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has reacted to reports alleging irregularities in the rates at which foreign exchange was obtained by some...
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 expressed dismay at campaigns allegedly being sponsored by those it called “self-centred individuals” aimed at discrediting its...
By Modupe Gbadeyanka Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has disclosed that Nigeria recorded an increase in the inflow of foreign...
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...
By Dipo Olowookere The Naira on Thursday depreciated further at the parallel market, ebbing close to the projection of speculators, the News Agency of Nigeria (NAN)...
By Modupe Gbadeyanka Foreign exchange worth N1 billion has been sold by Central Bank of Nigeria (CBN) on the forward market to clear a backlog of...