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Foreign Exchange Market
Central Bank of Nigeria (CBN) has placed access to foreign exchange for all forms of textile materials on the FOREX restriction list, the Governor, Mr Godwin Emefiele, announced in Abuja on Tuesday.
The Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange to customers
The Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange to customers.
Alhaji Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON), on Monday in Lagos described prediction that the naira would fall to N415 to the dollar by the end of the year as speculative and act of sabotage.
The Central Bank of Nigeria, CBN, has refuted a front-page news story of Business Day which claims that faceless agents pocket over N32bn annually in profit from the foreign exchange market with the aid of CBN officials.
The Central Bank of Nigeria (CBN) yesterday intervened in the interbank sector of the foreign Exchange market, injecting $210 million into the wholesale segment and other sectors of the market.
The Central Bank of Nigeria (CBN) says it has injected 210 million dollars into the various segments of the market to sustain its intervention in the Inter-Bank Foreign Exchange Market.
The Central Bank of Nigeria (CBN), in continuation of its intervention in the foreign exchange market, has injected another sum of $210 million to boost sales in the inter-bank segment of the market.
Central Bank of Nigeria (CBN) says local manufacturers and farmers will be sufficiently supported financially and otherwise in 2019
In its first intervention in the foreign exchange market for December, the Central Bank of Nigeria (CBN) yesterday injected the sum of $210 million in the inter-bank foreign exchange market.
The Lagos Chamber of Commerce and Industry (LCCI) has warned that the declining global oil prices pose a risk to stability in the foreign exchange market and may threaten the ongoing negotiation on the new minimum wage.
The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total of $331.22 million in that segment of the market, in addition to CNY51.86 million in the spot and short-tenored forwards segment.
The Central Bank of Nigeria (CBN) on Tuesday intervened in the wholesale segment of the foreign exchange market, offering the sum of $100 million to dealers in that window.
The Naira on Tuesday was sold at N364.22 to the dollar at the investors’ window in Lagos, with a turnover of 147.30 million dollars, the News Agency of Nigeria (NAN) reports.
Former Nigeria international Emmanuel Emenike has expressed his desire to return to Turkey, while also stating that he missed the round leather game.
Governor Umaru Tanko Al-Makura of Nasarawa State on Wednesday inaugurated a 31-man committee to kick-start the handover of government to the next administration in the state.
Kano State Government has distributed over 10,000 Delivery Kits worth N150 million to Pregnant Women in the State.
Udoma Udo Udoma, the minister of budget and national planning, says the federal government will sell some of its stakes in joint ventures with Shell and Chevron to improve its finances.
Rampaging cultists have killed two active members of the National Youths Service Corps (NYSC) and a pupil of a private school in Yenagoa, Bayelsa State capital.
Lobi Stars were knocked out of the CAF Champions League on Saturday despite recording a 2-0 win against Ivorien club ASEC Mimosas at the Nnamdi Azikiwe Stadium.
A midnight clash among rival cult groups in Kabawa area of Lokoja has resulted in the death of three persons.
The All Progressives Congress has faulted the decisions of the Independent National Electoral Commission on the initial inconclusive elections in Rivers and Bauchi States.
Osun State is leading the 35 other states of the federation in accumulating a N2 trillion debt more than the gross revenue they generated in the 2017 financial year, a report has shown.
Cameroon head coach Clarence Seedorf says he is addressing the team's goal-scoring worries ahead of their decisive Africa Cup of Nations qualifier against Comoros on 23 March in Yaounde.