AdminAug 15, 20192 min readBuhari exhibiting economic illiteracy for banning Forex on food importation – ExpertAn expert in political economy, Dr Tosin Oluwarotimi, has slammed President Muhammadu Buhari over his directive to the Central Bank of...
AdminJul 24, 20192 min readMAN, LCCI kick against CBN’s planned forex restriction for imported milkThe Lagos Chamber of Commerce and Industries (LCCI) and the Manufacturers Association of Nigeria (MAN) have kicked against the plan to...
AdminMar 14, 20191 min readLabour reacts to CBN ban on forex sale to importersComrade lssa Aremu, General Secretary, National Union of Textile, Garment and Tailoring Workers of Nigeria, (NUTGTWN) has lauded the...
AdminJan 29, 20181 min readCBN injects $55m for Nigerians needing Forex for travel, tuition, medical feesThe Central Bank of Nigeria (CBN) on Monday injected the sum of $55m into the economy for Nigerians requiring foreign exchange (Forex)...
AdminJan 29, 20181 min readCBN ‘removes’ 36 items from forex ban listThe Central Bank of Nigeria (CBN) has reportedly removed 36 sub-items from the list of items banned from accessing forex from its window...
AdminJul 17, 20174 min read2015: Forex owned by APC, PDP was severally tracked – Ex-NSA consultant, ShuaibA Public Relations Consultant, Yushau Shuaib, has revealed how the nation’s security agencies, at different times, tracked huge sums of...
AdminJun 8, 20172 min readCBN opens Forex window for airlines, oil marketersThe Central Bank of Nigeria (CBN) has announced a special market intervention for airline operators, oil marketers, and agricultural...
AdminMay 18, 20171 min readCBN releases list of items valid for ForexThe Central Bank of Nigeria (CBN) on Wednesday published a list of items, for which importers can source foreign exchange (Forex) from...
AdminApr 10, 20171 min readForex: We will sustain intervention – CBNThe Central Bank Nigeria (CBN) has said it will continue to make foreign exchange supply available. This assurance was given in a...
AdminApr 1, 20172 min readCBN urges Nigerians to report banks that refuse to sell ForexThe Central Bank of Nigeria (CBN) has urged Nigerians to report any bank that refuses to sell Forex to them at the approved rate within...
AdminMar 31, 20171 min readCBN to begin sale of Forex to BDCs twice weeklyThe Central Bank of Nigeria will begin sale of foreign exchange to Bureau De Change operators twice weekly from Monday. This was...
AdminMar 6, 20171 min readCBN orders banks to meet forex demand within 48 hoursThe Central Bank of Nigeria, CBN, has directed Money Deposit Banks to henceforth process and meet the demand for dollars and other...
AdminMar 3, 20171 min readForex: Anxiety as CBN prepares to pump more dollars in marketTraders in foreign exchange are anxious following news that the Central Bank of Nigeria, CBN, will this weekend, pump more dollars into...
AdminNov 21, 20162 min readSenate vows to reject proposal to punish people for ownership of FOREXThe Senate has expressed surprise at a recommendation by the Nigerian Law Reform Commission for a review of the Nigerian Foreign Exchange...
AdminNov 2, 20161 min readGive us forex or we leave Nigeria – Foreign Airlines warn FGThe Association of Foreign Airlines’ Representatives in Nigeria (AFARN), on Wednesday said its members had yet to benefit from the...
AdminNov 1, 20161 min readNaira extends gain against dollarThe Naira on Tuesday extended its gains against the dollar across the forex market, the News Agency of Nigeria (NAN) reports. The...
AdminOct 27, 20161 min readNaira appreciates at the forex marketThe Naira on Thursday appreciated at the forex market barely 24 hours after liquidity challenges forced it to depreciate thrice in six...
AdminOct 14, 20162 min readCBN approves special forex intervention for airlinesThe Central Bank of Nigeria, CBN, has approved a Special Secondary Market Intervention Retail Sales for airlines operating in the country...
AdminOct 5, 20162 min readForex: Erisco Foods threatens to fire 1,500 workers, leave NigeriaThe company’s Chief Executive, Mr. Eric Umeofia, said it would lay off 1,500 employees and quit Nigeria for a more favourable business...
AdminSep 1, 20161 min readForex: Cement price skyrockets nationwideA bag which hitherto sold for about N1, 600, now sells for N2,200 and above. 2nd Vice President, Nigeria Institute of Building (NIOB),...
