CBN lifts ban on 41 items that had been restricted from forex allocation by Patrick Akpu May 4, 2017 1 The Central Bank of Nigeria (CBN) has lifted the restriction on items hitherto marked as not valid for foreign exchange, ...
Call these CBN phone numbers if your bank denies you access to forex by Patrick Akpu April 1, 2017 0 The Central Bank of Nigeria (CBN) has released an emergency mobile phone line for customers denied access to foreign exchange ...
CBN asks customers to insist on buying forex at official rates at banks by Patrick Akpu March 6, 2017 0 The Central Bank of Nigeria (CBN) has mandated banks and all authorized foreign exchange dealers to display rates of all ...
CBN pumps $180million into forex market by Patrick Akpu February 28, 2017 0 The Central Bank of Nigeria (CBN) on Monday released additional $180 million to the forex market to further ease business ...
Naira closes at N450 per dollar by Patrick Akpu February 25, 2017 0 The naira climbed to N450 against a dollar on Friday, the highest in three-months on the parallel market. This came ...
BREAKING: Naira rises to N460 per dollar by Patrick Akpu February 24, 2017 0 The Naira continued its rise against the dollar on Friday, now selling at N460 for a dollar on the black ...
CBN pumps $370m into forex market by Patrick Akpu February 22, 2017 0 Sequel to its promise to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions, the Central ...
CBN unveils new forex rules for overseas school fees, medical fees, others (SEE DETAILS) by Patrick Akpu February 21, 2017 0 The Central Bank of Nigeria (CBN) has directed “all banks to open FX retail outlets at major airports as soon ...
Nigeria’s external reserves rises by $1bn in two weeks by Patrick Akpu January 17, 2017 0 Nigeria’s external reserves have increased to $26.968billion, the latest statistics posted on the Central Bank of Nigeria website have shown. ...
Nigeria’s underground money-changers by Patrick Akpu November 24, 2016 0 On the teeming streets of Lagos, the Nigerian mega-city of 15 million people, the once omnipresent money-changers are going underground. ...
CBN approves special forex intervention for airlines by Patrick Akpu October 15, 2016 0 The Central Bank of Nigeria has approved a Special Secondary Market Intervention Retail Sales for airlines operating in the country ...
CBN suspends commercial banks, makes First Bank sole forex dealer by Patrick Akpu October 13, 2016 0 The Central Bank of Nigeria (CBN) has suspended commercial banks in Nigeria from selling foreign exchange directly to Bureaux De ...
Naira hits N480 per dollar by Patrick Akpu September 30, 2016 0 The naira plunged further against the US dollar to a new record low of 480 on Thursday, down from 472 ...
CBN tightens restriction on domiciliary accounts as naira plunges to N465 per dollar by Patrick Akpu September 29, 2016 0 The Central Bank of Nigeria (CBN) has issued more directives restricting usage of domiciliary accounts by bank customers, apparently to ...
Guiness Nigeria receives $95 million loan from Diageo to tackle dollar shortage by Patrick Akpu September 22, 2016 0 Guinness Nigeria has received a $95 million loan from mother body Diageo to help it cope with dollar shortages in ...