The Central Bank of Nigeria (CBN) has rejected calls for the resignation of Godwin Emefiele, its governor, over issues relating to the exchange rate of the naira. In July, the
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The Central Bank of Nigeria (CBN) has warned that banks involved in any form of foreign exchange (FX) malpractice risk their FX operational licence being suspended for at least one
BY OLUGBENGA JAIYESIMI Suddenly the naira shot through to five hundred and twenty five to the dollar at the unencumbered
The Central Bank of Nigeria (CBN) says speculations that the apex bank is considering converting foreign exchange (FX) in the domiciliary
There was a time when the Naira was worth almost twice as much as the Dollar and equivalent to the
Bismarck Rewane, managing director of Financial Derivatives Company, has projected that the naira will depreciate to N420 against the dollar