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CBN to sanction IMTOs for breach of exchange rate pricing

The Central Bank of Nigeria (CBN) has said it will sanction the…

2 Min Read

Naira weakens to N945 on strong dollar demand

Naira on Thursday weakened against the dollar by 0.53 percent following solid…

1 Min Read

Naira falls across FX markets on rising demand for dollars

Nigeria’s currency on Wednesday depreciated against the dollar at the official and…

1 Min Read

BDCs seek 900% raise in capital requirements, mergers

The Bureau De Change (BDC) operators under the umbrella of the Association…

2 Min Read

Explainer: Should CBN regulate banks’ FX gains?

The Central Bank of Nigeria (CBN)'s directive on banks' foreign exchange (FX)…

5 Min Read

Naira gains as FX market liquidity improves

The foreign exchange (FX) closed on Tuesday with naira gaining 4.06 percent…

4 Min Read

Don’t pay dividends with FX revaluation gains, CBN tells banks

The Central Bank of Nigeria (CBN) on Monday instructed banks to not…

3 Min Read

Naira steadies at N930 per dollar on Monday

Naira on Monday remained stable at N930 per dollar at the parallel…

0 Min Read
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