Tag: Forex

As Nigeria is grapples with a severe foreign exchange crisis, fueled by declining dollar availability, speculative trading, and market distortions. ...

The World Bank has advised the Central Bank of Nigeria (CBN) to halt its practice of intervening in the foreign ...

Data centre operators in Nigeria are facing severe challenges due to a prolonged forex crisis, jeopardizing substantial investments made in ...

As the inflation occasioned by weak naira inflation, a wide dollar gap and high energy cost impacts on Nigeria’s economy ...

In an effort to manage ongoing liquidity pressures in the foreign exchange (FX) market, the Central Bank of Nigeria (CBN) ...

The Central Bank of Nigeria (CBN) last week announced significant measures to enhance foreign exchange (forex) liquidity by enabling eligible ...

The value of naira has witnessed downward trend in the recent years. How this trend would be curtailed has been ...

In a surprising turn of events, the Nigerian naira witnessed a remarkable appreciation, reaching a peak of N2100 per Great ...

The Central Bank of Nigeria (CBN) is mulling over a stringent crackdown on Bureau De Change (BDC) street trading and ...

Despite the value of the naira against dollar hitting N1,020 at the end of last month, there was an increased ...