FOREX

Govt Spends 30% Of Forex On Petroleum Products Importation

The Federal Government said yesterday in Abuja that about 30 per cent of the nation’s foreign exchange earnings is spent…

2 years ago

CBN Injects Fresh $210m Into Forex Market

In continuation of its intervention in the interbank segment of the foreign exchange (forex) market, the Central Bank of Nigeria…

6 years ago

We Can No Longer Import, Sell Fuel At N145/Litre — Marketers

Reports are rife that private oil marketers are calling for government intervention to enable them to access foreign exchange at…

6 years ago

CBN Instills $195m Into Forex Market

The Central Bank of Nigeria (CBN) on Monday injected another 195 million dollars into the various segments of the inter-bank…

7 years ago

CBN Injects Another $190m into Forex Market

Relentless in its push to achieve convergence of rates in the interbank and Bureau de Change segments of the foreign…

7 years ago

Volatile FOREX Stalls Takeoff Of Vehicle Assembly Plant In Akwa Ibom ―Ex-commissioner

The former Commissioner for Industry and Investment in Akwa Ibom, Mr Emmanuel Enoidem, says unstable FOREX has stalled the takeoff…

7 years ago

CBN To Boost Dollar Sales to Support Economy

The Central Bank will increase dollar sales to support the economy and bolster the naira after leaving its key interest…

7 years ago

Dollar Scarcity to Persist Till 2018

Foreign currency shortages will remain a persistent feature of the Nigerian economy till 2018. This is the submission of Moody's…

7 years ago

Investors Start Taking Notice of Nigeria’s Latest Naira Plan

Foreign investors are warming to the foreign-exchange window that Nigeria opened last week to ease a severe shortage of dollars,…

7 years ago

CBN Mops Up Liquidity to Support Naira

Nigeria sold 107.64 billion naira ($353 million) in treasury bills on Friday in a move to soak up excess liquidity…

7 years ago

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