The Central Bank of Nigeria (CBN) says it has discontinued the exchange rate market cap on the spread of interbank foreign exchange transactions. This is contained in a statement dated
Tag "Foreign exchange"
The Nigerian naira, on Wednesday, depreciated to N1,500 at the parallel section of the market. The rate is a 3.45 percent decrease from the N1,450 per dollar recorded on Monday.
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says for the first time in a long while, Nigeria’s volume of transactions in the foreign exchange market rose to
Yemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the foreign exchange (FX) demand for education and healthcare in the past decade has significantly eroded the strength of
The Central Bank of Nigeria (CBN) has removed the allowable limit of exchange rate quoted by the international money transfer
Naira, on Wednesday, hit N1035.12 per dollar at the official market, also known as the Nigerian Autonomous Foreign Exchange Market
Independent Hajj Reporters (IHR), a civil society organisation (CSO), has asked the federal government to approve a reduction of the
JP Morgan, a US multinational financial services firm, projected the naira would trade at about N850 to the dollar before
Taiwo Oyedele, chairman of the presidential committee on fiscal policy and tax reforms, says the federal government plans to introduce
Wale Edun, minister of finance and coordinating minister of the economy, says Nigeria is expecting $10 billion in foreign currency
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