T he Minister of Finance, Kemi Adeosun said the Development Bank of Nigeria (DBN) is…
Tag: CBN
CBN to auction $100 mln in currency forwards
The Central Bank of Nigeria (CBN) said on Monday it will auction $100 million in forward contracts…
NEXIM to help realise Nigeria’s full potentials in shea production
With Nigeria currently reputed as the world’s leading producer of shea nuts, the Nigerian Export Import…
NAGAFF advises CBN to introduce more interventions to strengthen naira
The National Association of Government Approved Freight Forwarders (NAGAFF) on Monday advised the Central Bank of…
CBN to sell $230 million in Forex forwards, intervenes on spot market
The Central Bank of Nigeria (CBN) will auction $230 million in forward contracts on the official…
New foreign exchange policy will strengthen naira — CBN
The newly introduced foreign exchange policy by the Central Bank of Nigeria (CBN) will help shore…
CBN to sell $500 million after cutting Forex rate for consumers
The Central Bank of Nigeria (CBN) will sell $500 million to help improve dollar liquidity, traders…
Senate wants EFCC to beam searchlight on CBN, NNPC
Senate on Monday mandated the Economic and Financial Crimes Commission (EFCC) to beam its searchlight on…
Full CBN statement from CBN on new forex policy
In a bid to increase the availability of Foreign Exchange to ease the difficulties encountered by Nigerians…
BREAKING: CBN announces new foreign exchange policy
The Central Bank of Nigeria, CBN, has released a new foreign exchange policy in the country…
CBN order banks to open FX offices at airports
The Central Bank of Nigeria (CBN) has mandated banks to open Forex retail office at all…