The Nigerian Export Promotion Council (NEPC) has said only foreign exchange earnings generated from non-oil products…
Tag: forex
Zimbabwe tightens screws on miners’ export earnings in forex crunch
The Reserve Bank of Zimbabwe has ordered platinum and chrome miners to surrender 80 percent of…
CBN has capacity to sustain forex intervention – Expert
A finance analyst, Dr. Biodun Adedipe, says the Central Bank of Nigeria (CBN) has the capacity…
FG targets $8 billion forex earning annually from yam export
The Federal Government says it is targeting about eight billion dollars as annual foreign exchange from…
Forex: CBN introduces new rules, naira closes at 367/$
The Central Bank of Nigeria (CBN) on Monday introduced new rules into the interbank foreign exchange…
Okonjo-Iweala: You can’t achieve growth if you have forex distortions
Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, says growth and development cannot be achieved when a…
CBN releases list of items valid for forex
The Central Bank of Nigeria (CBN) yesterday released a list of items that can source foreign…
Naira stable as forex reserves continue on 5-day free fall
The Nigerian naira remained stable at the parallel market on Monday, despite a continuous fall in…
Forex: Buhari happy with market stability-Emefiele
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has briefed President Muhammadu Buhari…
Forex: Buhari happy with market stability-Emefiele
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has briefed President Muhammadu Buhari…
CBN sanctions 12 banks for flouting forex rules
The Central Bank of Nigeria (CBN) has barred at least 12 deposit money banks (DMB) from…