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Nigeria loses $325m annually to textile smuggling

Do you support CBN ban on forex sale to textile importers?

This is like putting the cart before the horse. For the Federal government to say they are banning issuance of foreign exchange to textile companies is certainly not the...

CBN auctions Chinese currency in first yuan sale

CBN moves to boost forex sale, introduces special intervention

After the depreciation of the naira against the dollar at the parallel market yesterday, the Central Bank of Nigeria (CBN) said on Friday, it would introduce a special...