Wednesday, December 1, 2021
MARKET UPDATE

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Tag "forex"

CBN automates forms for invisible transactions, non-commercial exports

    CBN automates forms for invisible transactions, non-commercial exports

The Central Bank of Nigeria (CBN) says it has automated Form A deployed for invisible transactions and NCX form, used for non-commercial exports on the trade monitoring system.  The apex

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Zainab Ahmed: Finance ministry working with CBN to close exchange rates gap

    Zainab Ahmed: Finance ministry working with CBN to close exchange rates gap

Zainab Ahmed, minister of finance, budget and national planning, says the fiscal authority ministry is working with the Central Bank of Nigeria (CBN) to close the gap between the official

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Laolu Akande: Osinbajo NOT calling for naira devaluation — but increase in forex supply

    Laolu Akande: Osinbajo NOT calling for naira devaluation — but increase in forex supply

Laolu Akande, spokesperson to Vice-President Yemi Osinbajo, says his principal did not call for the devaluation of the naira. On Monday, at the midterm review of President Muhammadu Buhari’s second

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Here’s what Osinbajo’s call for naira devaluation could mean for the future

    Here’s what Osinbajo’s call for naira devaluation could mean for the future

Nigeria is on auto-replay. Events of the past find a clever way of repeating themselves. Very few things that happen in this African giant are new. Conversations around the naira

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‘The exchange rate is artificially low’ — Osinbajo asks CBN to bow to market forces

  ‘The exchange rate is artificially low’ — Osinbajo asks CBN to bow to market forces

Vice-President Yemi Osinbajo has called on the Central Bank of Nigeria to allow the naira reflect the realities of the

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Here’s how we can save the naira from hitting 1,000 per dollar?

  Here’s how we can save the naira from hitting 1,000 per dollar?

In the past few weeks, I have written extensively about the naira and Nigeria’s foreign exchange regime. As a result,

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UBA publishes names, account numbers of ‘forex policy defaulters’

  UBA publishes names, account numbers of ‘forex policy defaulters’

The United Bank of Africa (UBA) has published names and account numbers of some customers alleged to have violated the

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CBN: Those calling for Emefiele’s resignation only pursuing selfish interest

  CBN: Those calling for Emefiele’s resignation only pursuing selfish interest

The Central Bank of Nigeria (CBN) has rejected calls for the resignation of Godwin Emefiele, its governor, over issues relating

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CBN denies planning to convert forex in dom accounts to naira — second time in two months

  CBN denies planning to convert forex in dom accounts to naira — second time in two months

The Central Bank of Nigeria (CBN) says it is not planning to convert foreign exchange (FX) in the domiciliary accounts

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CBN directs banks to publish names, BVN of forex policy defaulters

  CBN directs banks to publish names, BVN of forex policy defaulters

The Central Bank of Nigeria has directed all commercial banks in the country to publish the names and bank verification numbers

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