The President, Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has…
Tag: CBN
External reserves drop for first time since December
The nation’s foreign exchange reserves, which had increased significantly in recent months to hit the $30bn…
Black market operators lose as naira trades at N400/dollar
Following the Central Bank of Nigeria (CBN) intervention in foreign exchange, the Naira traded N400 to…
FirstNation demands compensation over Abuja airport closure
FirstNation Airways has appealed to the Federal Government to address the issue of compensation for airlines…
Naira to sell at N415/$ 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…