Tag: Forex

CBN Resumes Forex Sales to BDC Operators After 4-Month Suspension

  The Central Bank of Nigeria (CBN) has resumed sales of foreign…

CBN Injects $20,000 Into Forex Market To Boost Liquidity

  The Central Bank of Nigeria (CBN) has released $20,000 to each…

No Going Back On FOREX, Subsidy Reforms – Finance Minister

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has…

Forex: CBN Increases Daily Withdrawal Limit For Domiciliary Accounts

The Central Bank of Nigeria (CBN) has increased the daily withdrawal limit…

Items Banned by CBN From Accessing Forex

The Central Bank of Nigeria (CBN) plays a vital role in regulating…

Airtel Loses $151m To Nigeria’s FX Rates harmonization

Airtel Africa Plc has reported a significant loss of $151m due to…

CBN to Prosecute Forex Defaulters

The Central Bank of Nigeria (CBN) has announced its intention to prosecute…

FG Plans to Raise $10bn To Increase Forex Liquidity, Stabilise Naira

Amidst the ongoing depreciation of Naira, the Federal Government has set its…

CBN Investigates Fresh $2.4bn Forex Scam

The Central Bank of Nigeria (CBN) is investigating foreign exchange transactions worth…