By Edozie Obasi-Eze Nigeria’s domestic currency, Naira on Tuesday, strengthened against the U.S. dollar at the official market, though it recorded a significant fall in...
Modupe Asudo with agency reports LAGOS-THE naira has appreciated further in the parallel market as the dollar was sold for N540 on Wednesday, with traders saying...
LAGOS — REFINERIES may have assumed a first-line charge in Nigeria as the Central Bank of Nigeria, CBN, said that it would assist the Dangote Group to...
ABUJA—The Central Bank of Nigeria, CBN, is now to allocate foreign exchange to end-users, with priority given to matured Letters of Credit, importation of petroleum products,...
By Henry BOYO LAGOS-THE crash in crude oil prices from over $145 in 2008 to below $40/barrel presently, has invariably reduced Nigeria’s export earnings by over...
By Yemie ADEOYE LAGOS-MONTHS after subjecting their customers across the country to harrowing experiences in their quest for foreign exchange Deposit Money Banks in Nigeria the country...
ABUJA-NIGERIA will keep foreign currency restrictions for now to preserve the country’s currency reserves amid falling oil revenues but the Central Bank of Nigeria will ease...
BY KUNLE KALEJAYE ABUJA-As part of its current campaign to stabilise the naira, the Central Bank of Nigeria over the weekend said it would sanction any...
LAGOS-As part of its current campaign to stabilise the naira, the Central Bank of Nigeria over the weekend said it would sanction any authorised forex dealer...
