Naira slumps against US Dollar as Trump takes over power
The value Naira, Nigerian’s currency fell further against the United States dollar on the first day in office for President
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FOREX MARKETS
IMTO remittance rises to $600m — CBN
International Money Transfer Operators (IMTOs) have successfully remitted approximately $600 million into the nation’s coffers as of the end of
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CBN sells $543m to authorised dealers in September
The Central Bank of Nigeria (CBN) says it sold a total of $543.5 million in the Nigerian foreign exchange
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CBN offers $876m to forex markets, pledges more liquidity support
The Central Bank of Nigeria (CBN), has offered 876 million dollars to the foreign exchange (fx) markets to fulfil
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CBN speaks on new licensing requirements for Bureau de Change operators
The Central Bank of Nigeria (CBN) has issued further clarification on the recently announced licensing requirements for Bureau de
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CBN takes further move to strengthen naira as it sells dollars to BDC operators at ₦1,021/$1
The Central Bank of Nigeria (CBN) has notified Bureau De Change (BDC) operators of the sale of $10,000 at
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ABCON asks CBN to bar non-oil export domiciliary account holders from accessing FX from official window
The Association of Bureau De Change Operators of Nigeria (ABCON) has requested that the Central Bank of Nigeria (CBN)
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Naira rises by 4.55% after CBN clears FX backlog
Naira has maintained a steady appreciation, gaining 4.55 per cent of its value against the dollar on increased dollar supply
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CBN mandates forex sellers to declare sources, introduces revised guidelines for BDCs
The Central Bank of Nigeria (CBN) has introduced a revised regulatory framework for Bureau De Change (BDC) operations to address
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Nigeria expects $10bn of forex inflows in weeks- Finance Minister
The Minister of Finance and coordinating of the economy, Mr. Wale Edun, has stated that around $10 billion of forex
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