Forex

Presidential Directive on Forex Restriction on Foods Importation: Issues, Concern

By Mustapha Sumaila, News Agency of Nigeria (NAN) Stakeholders have continued to react to the…

Dangote Cement to earn $700m forex from terminals

The Dangote Cement Plc on Monday said its cement terminals being constructed in Lagos State…

Forex: Dollar on back foot after soft data fans bet on dovish Fed

The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal…

CBN injects $210m intervention into FOREX

The Central Bank of Nigeria (CBN) on Friday made its first intervention in the inter-bank…

Forex market: CBN provides $340m, CNY69m for agric, raw materials

The Central Bank of Nigeria (CBN), on Friday, provided 340 million dollars and 69 million…

Forex market: CBN continues intervention with $262.5m

The Central Bank of Nigeria (CBN) on Friday intervened in the inter-bank Foreign Exchange Market…

CBN threatens to sanction banks without Forex sales point

The Central Bank of Nigeria (CBN) on Monday threatened to sanction any Deposit Money Bank…

Naira exchanges for N390/$ at parallel market

The naira on Thursday appreciated marginally against the dollar at the parallel market at N390…

Experts call on CBN to publish forex allocations to banks

Some financial experts have commended the CBN for suspending some banks from the foreign exchange…

Naira retains gain against dollar

The Naira on Thursday strengthened against the dollar in all the major segments of the…