Black market operators lose as naira trades at N400/dollar

Following the Central Bank of Nigeria (CBN) intervention in foreign exchange, the Naira traded N400 to…

FirstNation demands compensation over Abuja airport closure

FirstNation Airways has appealed to the Federal Government to address the issue of compensation for airlines…

Naira to sell at N415/$ as CBN sustains intervention – ABCON

The naira will trade at N415 to a dollar as the series of intervention by the…

FG’ll borrow more to meet infrastrutural obligation-Adeosun

Minister of Finance, Kemi Adeosun says based on the situation at hand, the Federal Government would have…

CBN offers, receives bids for $100m

The Central Bank of Nigeria (CBN) says it has offered and received bids for $100 million from authorized…

CBN approves dollar sale to more exchange bureaux

Central Bank  of  Nigeria (CBN) on Thursday cleared more retail currency bureaux to take part in…

Banks seek forex buyers as CBN continues to flood market

The new strategy of the Central Bank of Nigeria, CBN, to meet all legal demand for…

Nigeria to have 15th largest industry by 2020 – CBN

The Central Bank of Nigeria (CBN) has disclosed plans of positioning the Nigerian insurance industry among…

Nigeria foreign exchange reserves exceed $30Bn as of March 8- CBN

Nigeria’s foreign exchange reserves rose above $30 billion as of March 8 to its highest level…

Nigeria foreign exchange reserves exceed $30 bln as of March 8- CBN

Nigeria’s foreign exchange reserves rose above $30 billion as of March 8 to its highest level…

CBN’s forex intervention, artificial – Economist

The Central Bank of Nigeria (CBN) has been cautioned that its current foreign exchange (forex) intervention…

CBN to offer $100 million in forwards on interbank market

The Central Bank of Nigeria (CBN) said on Wednesday it will sell $100 million in currency…