Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the recovery of the naira has little or nothing to do with the country’s foreign reserves decline. Cardoso spoke
Tag "FX"
The Association of Bureaux de Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to direct non-oil exporters to hold foreign currencies in their domiciliary accounts
The naira, on Monday, appreciated to N1,120 per dollar at the parallel section of the foreign exchange (FX) market. The current FX rate signifies a decrease of 9.67 percent from
The Nigeria Customs Service (NCS) has adjusted the foreign exchange (FX) rate for its tariffs and duties to N1,246 per dollar. TheCable observed that the new rate reflected on the
The Central Bank of Nigeria (CBN) has directed all banks to stop the use of foreign currency-denominated collaterals for naira
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says law enforcement agencies are investigating $2.4 billion unverified foreign
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has kicked against the lifting of the foreign
Guaranty Trust Bank (GTB) subsidiary in Ghana says it is working with relevant government agencies and customers in the country
Binance Nigeria has announced plans to cease all services in naira, the country’s local currency, from March 8, 2024. The
The Bank of Ghana says it has suspended the foreign exchange (FX) trading licences of two Nigerian-owned banks over fraudulent
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