Only the sixth respondent, represented by Nureini Jimoh SAN, was in court when the case was brought before Justice Usman Malam Na'abba; the other respondents—the first,...
As promised by CBN governor Olayemi Cardoso, the apex bank last month said that it had successfully settled all legitimate foreign exchange backlogs, including $7 billion...
The indicative exchange rate for NAFEM dropped to N1,136.04 per dollar from N1,143.38 per dollar last Friday, according to data from FMDQ, showing a N7.34 appreciation...
Nnamdi Nwizu, co-founder of Comercio Partners Limited, an investment bank, has stated that the naira's consistent gain is due to the policies of the apex bank,...
The circular was specifically addressed to the Association of Bureau De Change Operators of Nigeria (ABCON)
Data available on FMDQ showed that the indicative exchange rate for NAFEM fell to N1,262.85 per dollar from N1,278.58 per dollar on Monday, indicating N15.73 appreciation...
As a result, the gap between the parallel market rate and NAFEM shrank to N8.58 per dollar, down from N19.39 per dollar on Thursday last week.
This comes after the Central Bank of Nigeria (CBN) announced a 200 basis points increase in the Monetary Policy Rate (MPR) during its 294th Monetary Policy...
The recent appreciation of the naira against the dollar can be attributed to foreign exchange reforms implemented by the Central Bank of Nigeria (CBN).
Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,408.04 per dollar from N1,431.49 per dollar last week Friday, indicating N23.45 appreciation...