Home Topics CBN Forex Window

CBN Forex Window

BDCs allege banks benefit from their losses

Bureau De Change (BDC) operators have said they are badly affected by the trending “uncompetitive rate”, which comes as the Central Bank of Nigeria (CBN) sells dollars to them at higher rate compared to what it sells to commercial banks.

Central bank injects $364m into inter-bank forex market

The Central Bank of Nigeria (CBN) on Tuesday, August 15, 2017, intervened in the Inter-Bank Foreign Exchange Market to the tune of $364million in a bid to sustain liquidity in the market.

Recent Stories

Samson Itodo

Ekiti guber: YAIGA Africa insists INEC result correct

Youths Initiative for Advocacy, Growth and Advancement (YIAGA) Africa, a Non-Governmental Organisation (NGO), on Monday insisted that announced result of Saturday’s governorship election in Ekiti was correct.
Aliyu Gusau

PTDF extends scholarship programme to China, others

The Petroleum Technology Development Fund (PTDF) has extended it scholarship programme to China, Germany and France to deepen capacity of Nigeria in the oil and gas sector.
Nigerian National Petroleum Corporation (NNPC)

NNPC to begin oil palm bio-diesel project in Cross River

The Nigerian National Petroleum Corporation (NNPC) has commenced a community integration and stakeholders’ engagement to sensitise people in Cross River ahead the planned oil palm-based bio-diesel project.
Thierry Henry

Thierry Henry quits as Sky pundit to focus on ambition of being a manager

Former Arsenal forward Thierry Henry has announced he is leaving Sky Sports to focus on his "long-term ambition to become a football manager".

Vendors: Drop in Newspaper sales is affecting our livelihood

Newspaper Vendors in Bauchi have lamented over the drop in sale of newspapers as a result of internet evolution.