In a move set to provide much-needed relief for Nigerian importers and their agents, the…
Tag: forex rate
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…
BDCs set forex rate before CBN meeting
Nigeria’s Bureau de Change (BDC) operators set their first ever reference exchange rate for the naira…
Stakeholders unimpressed as Customs slashes forex rate again for duty calculations
By Shulammite ‘Foyeku and Samson Echenim The Central Bank of Nigeria (CBN) through the Nigeria Customs…