Economy Forex Manipulation: EFCC Invites More Top CBN Officials March 31, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka The Economic and Financial Crimes Commission (EFCC) has invited more senior officials of the Central Bank of Nigeria (CBN) as part Read More
Economy CBN Pumps $185m into Forex Market March 27, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka In order to further ease the Naira against the Dollar, the Central Bank of Nigeria (CBN) has announced the release of Read More
Economy CBN Pumps Fresh $100m in Forex Market March 25, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka An additional $100 million has been released into the foreign exchange market by the Central Bank of Nigeria (CBN) for use Read More
Economy Fear Grips Forex Dealers as Naira Hits N385/$ March 24, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka The Naira Thursday appreciated to N385 per dollar in the Abuja segment of the parallel market, causing panic and confusion among Read More
Economy CBN Gives Oil Marketers Forex to Import Diesel March 20, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has released foreign exchange to marketers to import into the country Automated Gas Oil (AGO), Read More
Economy CBN Threatens to Suspend Erring Forex Dealers March 5, 2017 Dipo Olowookere By Dipo Olowookere Any authorised foreign exchange dealers that fail to adhere strictly to the recently introduced forex policy by the Central Bank of Read More
Economy CBN Sells $989.6m to Importers, Retail Customers March 5, 2017 Dipo Olowookere By Dipo Olowookere The Central Bank of Nigeria (CBN) sold a total of $989.6 million to importers and retail customers in January with commercial Read More
Economy Naira Remains Stable at N455/$, Gains N25 Against £ March 2, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka The Nigerian Naira remained relatively stable at N455 to the Dollar at the parallel market on Wednesday after it recorded a Read More
Economy CBN Unveils New Forex Policy Actions February 21, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka In a bid to ease the huge pressure on the Naira at the foreign exchange market, the Central Bank of Nigeria Read More
Economy NEC Tells CBN to Review Forex Policy February 18, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has been asked to review it foreign exchange policy amid the free fall of the Read More