The Central Bank of Nigeria has said it is raising dollar supply in the foreign exchange market, just as it also lifted the ban on 43 items that were previously not qualified for forex at th… Read More
Foreign currencies transaction at the Bureau de Change (BDC) segment of the foreign exchange market has been stifled since the clamp down on the operators by security agencies.
An investigat… Read More
GuardianClamp down on BDCs forces forex transaction undergroundGuardianForeign currencies transaction at the Bureau de Change (BDC) segment of the foreign exchange market has been stifled si… Read More
Foreign currencies transaction at the Bureau de Change (BDC) segment of the foreign exchange market has been stifled since the clamp down on the operators by security agencies.An investigati… Read More
The Nigerian economy is facing a massive foreign exchange crisis and the rate of depreciation of the naira has sparked serious concern among citizens.
Since the Central Bank of Nigeria (… Read More
Coronavirus forces CBN to suspend forex sales to BDCs – The Central Bank of Nigeria has granted a two- week market holidays to the Bureaux De Change operators.
This followed a request… Read More
By Collins Nweze
The naira on Friday exchanged at N502 to dollar on the parallel market as panic buyers piled pressure on the local currency.
The naira lost N3/$1 when compared with N499… Read More
The Institute of Energy Security (IES) has said, over the past decade (2010-2019), Ghana has seen a 347 percent increase in price of Gasoline (Petrol) and a 338 percent increase in Gasoil (D… Read More
CBN vows to ensure exchange rate stability• Sustain rebound with external reserves, experts urge
What appears like a gradual easing of the naira started at the weekend as the paralle… Read More
The measures introduced by the Central Bank of Nigeria (CBN) to curb foreign exchange (forex) volatility have taking the naira for shaky grounds to stability. COLLINS NWEZE writes that the i… Read More
The PunchOlympics: 10-man South Africa hold Brazil to 0-0 draw‘ISIS’ appointment of Boko Haram leader dangerous’Jonathan seeks end to PDP crisisAbia: Ogah’s forgery t… Read More