The Federal Government said yesterday in Abuja that about 30 per cent of the nation’s foreign exchange earnings is spent…
In continuation of its intervention in the interbank segment of the foreign exchange (forex) market, the Central Bank of Nigeria…
Reports are rife that private oil marketers are calling for government intervention to enable them to access foreign exchange at…
The Central Bank of Nigeria (CBN) on Monday injected another 195 million dollars into the various segments of the inter-bank…
Relentless in its push to achieve convergence of rates in the interbank and Bureau de Change segments of the foreign…
The former Commissioner for Industry and Investment in Akwa Ibom, Mr Emmanuel Enoidem, says unstable FOREX has stalled the takeoff…
The Central Bank will increase dollar sales to support the economy and bolster the naira after leaving its key interest…
Foreign currency shortages will remain a persistent feature of the Nigerian economy till 2018. This is the submission of Moody's…
Foreign investors are warming to the foreign-exchange window that Nigeria opened last week to ease a severe shortage of dollars,…
Nigeria sold 107.64 billion naira ($353 million) in treasury bills on Friday in a move to soak up excess liquidity…
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