$2.4bn Invalid FX Backlogs: Aigbe Backs CBN To Discipline Offenders
The comment by the Central Bank Governor, Olayemi Cardoso, that the bank will not honour $2.4bn backlog it…
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Folashodun Shonubi
Floating Naira Worst Economic Decision Since 1999— Economists React As $1 Sells…
Some Nigerian economists have said that the foreign exchange policy of floating the naira which was introduced by…
CBN’s Postponement Of MPC Meeting May Aggravate Economic Uncertainties- Experts
The manner in which the Central Bank of Nigeria (CBN) communicated the postponement of the November Monetary…
Dollar Exchanges For N1,005 As BDC Operators Predict Further Crash
Bureau De Change dealers are predicting more troubles for the Nigerian currency as the naira dropped to N1005 per…
JUST IN: Newly Appointed CBN Governor, Cardoso Faces Fresh Hurdle As Naira Falls…
The naira has depreciated to N980 per dollar at the black market ahead of the takeover of the Central Bank of…
No Plan To Redenominate $1 To N1.25—CBN
The Central Bank of Nigeria has denied any plan to redenominate the naira to almost equal the United States…
Mischief Makers Trying To Use 2022 Memo To Blackmail Acting CBN Governor
Indications have emerged that some mischief makers are trying to use a Central Bank of Nigeria 2022 memo on…
‘This Is False’—Elumelu Denies Being Considered For Position Of CBN Governor
The Chairman of Heirs Holdings, Tony Elumelu, has denied a report that he is being considered by President Bola…
NNPCL’s $3bn Deal With Afreximbank Will Improve FX Liquidity– JP Morgan
The $3bn oil and gas deal sealed by the Nigerian National Petroleum Company Limited (NNPCL) with Afreximbank will…
INTERVIEW: Forex Crisis: Naira Is Under Attack Because It Lacks…
The Central Bank of Nigeria in its drive to improve the efficiency of the Nigerian foreign exchange market…