Foreign exchange inflow falls by 43.2% –CBN
The inflow of foreign exchange into Nigeria shrank by 43.2 per cent to $5.52 billion in May as Africa’s
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FOREX MARKETS
Naira strengthens against dollar
The Naira on Thursday gained one point to appreciate against the dollar at the parallel market in Lagos. The News
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ABCON warns members ahead resumption of forex sale
The Association of Bureau de Change Operators of Nigeria (ABCON) has warned its members not to sell foreign exchange to
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CBN bars “third parties” from buying forex through Form M
The Central Bank of Nigeria (CBN) has issued a circular removing buying agents/companies or any third parties from accessing
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MAN praises CBN for forex unification efforts
The Manufacturers Association of Nigeria (MAN) has praised the efforts of the Central Bank of Nigeria (CBN) at unifying the
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How to crash spike in exchange rate — ABCON Chief
The Association of Bureau De Change Operators of Nigeria (ABCON) has said that the reopening of the BDC window for
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MAN welcomes CBN’s unification of exchange rates
The Manufacturers Association of Nigeria (MAN) says the unification of the country’s exchange rate is a welcome development that will
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CBN assures foreign investors of ease of forex repatriation
The Central Bank of Nigeria (CBN) has assured that foreign investors in Nigeria interested in transferring their funds abroad
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Over $60bn traded in I&E forex window since inception in 2017—Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Friday that over $60 billion had been
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Forex intervention: CBN injects $280.04m, CNY 28.3m into retail market
The Retail Secondary Market Intervention Sales (SMIS) on Friday received a boost of 280.04 million dollars from the Central Bank
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