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…

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