CBN increases forex allocation to banks, assures liquidity for invisibles
The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to
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FOREX MARKETS
Naira trades at new low of N700 to one British pound, dollar N500 at black market
The Nigerian currency, Naira on Tuesday fell to new lows against the British pound, Euro and U.S dollar in
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ABCON warns against black market forex dealings
The Association of Bureaux De Change Operators of Nigeria (ABCON) has declared war on foreign exchange (forex) speculators and black-market
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Naira4Dollar: MAN, LCCI commend CBN’s move to address forex squeeze
Industrialists and Manufacturers on Monday said the Naira 4 Dollar Scheme, an initiative by the Central Bank of Nigeria
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Forex: MAN, LCCI seek policies review, rates unification
Manufacturers and Industrialists on Wednesday appealed to the Federal Government and the Central Bank of Nigeria (CBN) for a review
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ABCON tasks CBN on forex stability in 2021
The Association of Bureaux De Change Operators of Nigeria (ABCON), on Tuesday, urged the Central Bank of Nigeria (CBN) to
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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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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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