The naira moved to 515 per dollar on Tuesday, following the introduction of new policy actions by the Central Bank of Nigeria (CBN). The naira, which was trading at 520
Tag "forex"
About 24 hours after The Central Bank of Nigeria (CBN) announced fresh policy actions in the foreign exchange market, the bank has pumped $370.9 million into the forex market. On
The Central Bank of Nigeria (CBN) says every Nigerian, 18 years or older, is entitled to $4,000 per quarter of $16,000 per year for personal travel allowance (PTA) under the
The Central Bank of Nigeria (CBN) says it disbursed $2.83bn to “critical sectors of the economy” between December 2016 and January 2017. Isaac Okorafor, CBN’s acting director, corporate communications department,
The naira on Friday depreciated further to N500 to a dollar at the parallel market after it had remained stable
The Central Bank of Nigeria (CBN) says it has come under attack for its foreign exchange policy, but would not
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the priority of the bank is to serve the
Nigeria’s foreign exchange reserves is back at the $25 billion mark, for the first time in five months. The reserves,
The Nigerian naira on Tuesday sank to 480/$1 as fresh forex scarcity hit the parallel market. The depreciating naira also
The Nigerian foreign exchange (forex) reserves have been on the increase for four consecutive weeks, TheCable can report. According to
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