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Tag: FOREX

CBN affirms it will not convert forex in domiciliary account to naira
BusinessFinance

CBN affirms it will not convert forex in domiciliary account to naira

The Central Bank of Nigeria, CBN, has affirmed with a statement that it will not convert forex in domiciliary accounts…

Christina NgeneSeptember 11, 2021September 11, 2021
CBN Diaspora Remittance Policy Cuts Loses For Naira At Parallel Market
BusinessFinance

CBN Diaspora Remittance Policy Cuts Loses For Naira At Parallel Market

Naira gains over dollar on Wednesday after new CBN diaspora remittance policy New CBN remittance policy could be cutting loses…

Christina NgeneDecember 3, 2020December 3, 2020
Websites To Find Finance and Business News In Nigeria
BusinessFinance

Websites To Find Finance and Business News In Nigeria

Business news websites in Nigeria Investors and business people who are looking for fundamental data that cover the Nigerian business space…

Christina NgeneNovember 30, 2020November 30, 2020
Forex Scarcity Induces Widening Gap In Naira Exchange Rates
BusinessFinance

Forex Scarcity Induces Widening Gap In Naira Exchange Rates

Nigeria endures scarcity, widening gap in exchange rates and a recession The gaps between the official and parallel market rates…

Christina NgeneNovember 23, 2020November 25, 2020
CBN Releasing $10,000 Twice A Week To FOREX Sales
Business

CBN Releasing $10,000 Twice A Week To FOREX Sales

The Central Bank of Nigeria, CBN, announced that it is reopening the sales of forex to licensed Bureau de Change…

Christina NgeneSeptember 2, 2020November 11, 2020

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News Summary Today

The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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