Saturday, September 19, 2020
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Again, Buhari asks CBN to halt forex for fertiliser, food items

    Again, Buhari asks CBN to halt forex for fertiliser, food items

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) not to provide forex for the importation of food items or fertilizer. The president was speaking on Thursday at

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Naira strengthens against dollar ahead of CBN FX sales to BDCs

    Naira strengthens against dollar ahead of CBN FX sales to BDCs

The naira has strengthened at the parallel market to N448 against the dollar after the Central Bank of Nigeria (CBN) announced that it would resume dollar sales to bureau de

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Naira to trade at 386/$ as CBN resumes FX sale to BDCs

    Naira to trade at 386/$ as CBN resumes FX sale to BDCs

The Central Bank of Nigeria (CBN) says it will resume weekly forex sales to Bureau de Change operators from August 31. In a circular signed by O.S. Nnaji, director of

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CBN asks banks to submit names of exporters who don’t repatriate export proceeds

    CBN asks banks to submit names of exporters who don’t repatriate export proceeds

The Central Bank of Nigeria (CBN) has directed banks to provide the submit the names, addresses and bank verification numbers (BVN) of exporters that have defaulted in repatriating their exports

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‘No more middlemen’ — CBN bans third parties from getting forex via form M

  ‘No more middlemen’ — CBN bans third parties from getting forex via form M

The Central Bank of Nigeria (CBN) says it will no longer approve payment of foreign exchange to form M applicants

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Import restrictions, FX fluctuations… Why Shoprite may be selling stake in Nigerian business

  Import restrictions, FX fluctuations… Why Shoprite may be selling stake in Nigerian business

Shoprite, Africa’s largest food retailer, told investors on Monday that it is considering a potential sale of ” all or

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Emefiele woos manufacturers, assures forex for essential raw materials importation

  Emefiele woos manufacturers, assures forex for essential raw materials importation

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the apex bank will only provide forex to companies

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CBN resumes forex sales to banks for school fees, SMEs

  CBN resumes forex sales to banks for school fees, SMEs

The Central Bank of Nigeria has resumed forex sale to commercial banks. In a statement on Wednesday, the apex bank

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‘Leave CBN alone’ — Moghalu rejects Buhari’s directive on food importation

  ‘Leave CBN alone’ — Moghalu rejects Buhari’s directive on food importation

Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN), has criticised President Muhammadu Buhari over his directive

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The winning habits of successful forex traders

  The winning habits of successful forex traders

BY ABIOLA AKINLEYE Who is a forex trader? A forex trader is an individual who exchanges one currency for another in

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