BY ZAYYAD MUHAMMAD The naira is floating without direction. The floating naira resembles a small wooden canoe in a mighty ocean—so many forces are against it. Apart from the natural
Tag "Foreign exchange"
Abdul Samad Rabiu, BUA Group chairman, has described the situation in the foreign exchange (FX) market as artificial and manipulative. He made this known during a meeting between President Bola
BY GIDADO SHUAIB For Nigeria, the naira stands not only as the country’s currency but also as a symbol of its identity. Besides ensuring that citizens thrive in their everyday
The Central Bank of Nigeria (CBN) says sellers of foreign exchange (FX) of $10,000 and above to Bureau De Change (BDC) operators must declare the source of the forex. The apex
The Central Bank of Nigeria (CBN) has directed Nigeria Customs Service (NCS) and other related parties to adopt the closing
Naira strengthened on Friday to close at N1,770 against the dollar at the parallel section of the foreign exchange market.
The Association of Bureau De Change Operators of Nigeria (ABCON) has instructed its members to abide by extant laws establishing
Bayo Onanuga, special adviser to President Bola Tinubu on information and strategy, says Binance and other crypto platforms should be
Binance Nigeria, a cryptocurrency exchange company, has reacted to reports alleging price manipulation in foreign exchange (FX) rates on its
The Poultry Association of Nigeria (PAN), Lagos state chapter, has blamed the increase in the price of poultry feeds and
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