As part of its forex management effort during foreign exchange shortages, the Central Bank of Nigeria hit baks with extra ordinary

$3.8bn-$5bn funding gap seen Gobal rating agency, Moody’s, has issued fresh warnings in a new report that Nigerian banks are

Moses Obajemu The naira is facing its greatest risk from the coronavirus pandemic, as currency speculators continue to make spurious

Advanced mobile technologies allow us to handle everything on the go. Consumers use apps to do their shopping, pay bills, and even

The aggregate foreign exchange (forex) inflow into the Nigerian economy amounted to $10.89 billion in October, according to data from

Nigeria’s Central Bank has said it will no longer provide foreign exchange for the importation of cassava, starch, ethanol and

The presidency yesterday clarified that president Muhammadu Buhari has not banned or restricted food importation. The presidency, in a

The Nigerian inter-bank foreign exchange market received another boost with an injection of about $210 million from the Central Bank

The Central Bank of Nigeria (CBN) says its decision to restrict forex for the importation of milk has no political undertone. In a

Kenneth Afor The Central Bank of Nigeria says it has injected another $210 million into the Nigerian inter-bank foreign exchange