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...