By Adedapo Adesanya The Central Bank of Nigeria’s (CBN) refusal to pay $2.4 billion foreign exchange (FX) forwards declared illegal is affecting the operations of Nigerian...
By Adedapo Adesanya The Nigerian Naira weakened against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday, November 2 but witnessed gains...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has started to clear outstanding matured FX forwards in banks. but despite the widespread reports that over...