Naira falls to new low at N1,040/$ at parallel market
The naira fell to a new all-time low at the parallel market on Wednesday trading in the range of N1,035
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FOREX MARKETS
Dollar inflow into Nigeria rises to $10bn in two months –CBN
Central Bank of Nigeria (CBN) has announced that Nigeria recorded $10.7 billion aggregate foreign exchange inflow into the economy in
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ABCON seeks friendly policies as FG wants BDCs trimmed to 200
The Association of Bureaux de Change Operators of Nigeria (ABCON) is seeking friendly policies to guarantee its members’ operation
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FG urges CBN to reduce the number of BDCs from 5,000 to 200
The Federal Government has urged the Central Bank of Nigeria (CBN) to reduce the number of Bureau de Change (BDC)
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Naira crashes to N983/$1 at parallel market as dollar scarcity bites harder
The exchange of the Naira to the dollar plunged to a record low N983/$1 at the black market
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Naira falls to N930 per dollar at parallel market Wednesday
The naira dropped to N930 per dollar at the parallel section of the foreign exchange (FX) market on Wednesday,
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ABCON urges CBN to grant BDCs digital autonomy for rate convergence, others
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN) to
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CBN to clear FX backlog in two weeks –Shonubi
The Acting Governor, Central Bank of Nigeria (CBN) has said that the bank was making plans to clear the
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Nigeria’s FX reserve around $3.7bn as against CBN’s $30bn figure –JP Morgan
Global financial service firm JP Morgan has estimated Nigeria’s FX Reserve to be around $3.7 billion much lower than reported
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CBN confronts currency speculators with new guidelines for BDCs
The Central Bank of Nigeria (CBN) has intensified efforts to battle currency speculators and has brought back Bureau De
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