CBN should stop banks from paying recipients of Diaspora remittances in dollars- ABCON
The Association of Bureaux Des Change Operators of Nigeria (ABCON) advised the apex of the Central Bank of Nigeria (CBN)...
Naira Bounces Back to N625/$ at the Parallel Market
The concerns about the rate at which the Nigerian naira exchanges for the dollar and the surge of the parallel...
FG Targets N712 Billion Increase in Mortgage Funding Under the National Housing Fund
As disclosed at the Inaugural Board and Management Retreat of the Federal Mortgage Bank of Nigeria in Abuja on Monday,...
Naira Begins the Week on a Positive Note as it Climbs to N428.88/$ at the I&E Window
Monday, August 1, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed the trading session on a bullish note...
DMO Offers August 2022 FGN Savings Bond for Subscription
The Debt Management Office of Nigeria (DMO) has today August 1, 2022, offered for subscription 2 Federal Government of Nigeria...
Ukraine Makes First Grain Shipment Since Russia’s Invasion
Ukrainian first grain shipment since Russia’s invasion on February 24 has left the black sea port of Odesa in Ukraine...
Naira Falls to N429 at the Investors and Exporters (I&E) Window
Friday, July 29, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed the trading session on a bearish note...
Nigerians run to crypto amid falling naira, Bitcoin P2P trading surge by 258% in 7 days
Many Nigerians are hedging against collapsing local currency by amassing dollar-denominated digital assets, in particular stablecoins and bitcoins, thereby causing...
As Naira Crashes to N720/$, CBN Says it’s Committed to Resolving the FX Crises.
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to resolving the Foreign exchange crises currently seen in Nigeria....
Zelenskyy Says Ukraine Ready to Export Grain, Port Awaits Signal for Shipment
Ukraine is ready to carry out the first grain export since Russia’s February 24 invasion. This round of grain exportation...
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Nigeria FX reserve surges by 0.08% despite Naira exchange rate stability in the parallel market
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