Tag: Forex
A consortium of Civil Society Organisations (CSOs) has asked the Central Bank of Nigeria (CBN) to ensure level playing ground for all oil marketers in accessing Foreign Exchange (FOREX) for importation of petroleum products. SEE ...
President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria ”not to issue a kobo” of the country’s reserves for the importation of food items and fertilizer. SEE ALSO: Nigeria stock market opens week ...
The Central Bank of Nigeria (CBN) has directed all banks in the country to submit the names, addresses and Bank Verification Numbers (BVN) of exporters that have defaulted in repatriating their exports proceeds for further ...
The dollar inched ahead on Wednesday, as a jump in U.S. yields pushed it higher against the Japanese yen, while the kiwi briefly hit a one-month low after the central bank extended its bond-buying programme. ...
Amid scarcity of foreign currency, the naira exchanged at N445 against the dollar in the parallel market on Monday. SEE ALSO: COVID -19: Prof. Urges FG To Leverage Digital Platforms To Launch e-Economy Analysts attributed ...
Kenya’s apex bank has warned the public against engaging with unlicensed and unregulated online foreign exchange (forex) dealers and platforms. The Central Bank of Kenya (CBK) said in a statement on Friday that the platforms ...
The dollar was headed for a big weekly loss on Friday and the euro a solid gain after a dovish shift by the Federal Reserve, and investors also briefly pushed the yen to a new ...
The National Palm Produce Association of Nigeria (NPPAN) says the country will benefit a lot from Crude Palm oil (CPO) as a leading foreign exchange earner with its price now 500 dollars per tonne against ...
Mr Emeka Okereke, Director-General, Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), has praised the initiative of the Central Bank of Nigeria (CBN) which places restrictions on the importation of textile goods into the ...
The Central Bank of Nigeria (CBN) has sustained its intervention in the Inter-Bank Foreign Exchange Market by injecting 210 million dollars into the various segments of the market. The Director, Corporate Communications, CBN, Mr Isaac ...
Recent Comment