The Lagos Commodities and Futures Exchange (LCFE) has urged the Federal Government to leverage the commodities exchange ecosystem to bolster food secu...
In a move aimed at further stabilizing the foreign exchange (FX) rate, the Central Bank of Nigeria (CBN) has initiated the second phase of foreign exc...
President Bola Tinubu on Friday urged Nigerians to patronise made-in-Nigeria products and services to sustain the recent gains of the naira in the for...
Foreign airlines, on Thursday, demanded evidence of payment of the of the backlog of foreign exchange following reports that the Central Bank of Niger...
Nigerian banks have disclosed that evidence of a recent three-year tax clearance certificate is now a prerequisite for banks’ consumers seeking ...
The Central Bank of Nigeria, CBN, has warned commercial banks in the country against using their foreign exchange revaluation gains to pay divide...
International business research firm, Economist Intelligence Unit has said that the Central Bank of Nigeria may need to resort to foreign borrowi...
In a recent development, the Major Energies Marketers Association of Nigeria (MEMAN) expressed worry about the complexity facing the country's pet...
The Bank of Ghana has announced the suspension of the Foreign Exchange Trading Licenses of two Nigerian-owned banks, Guaranty Trust Bank Ghana Limited...
The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, praised the Economic and Financial Crimes Commission (EFCC) for its targeted efforts in combating illega...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that foreign exchange backlogs have been cleared in all the banks except for fi...
The Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the co...
The Central Bank of Nigeria (CBN) has approved the direct forex sale to Bureau De Change (BDCs) amid its ongoing reforms in the foreign exchange marke...
The Manufacturers Association of Nigeria (MAN) has disclosed that the foreign exchange crisis in the economy may trigger factory shutdowns if the...
The Central Bank of Nigeria (CBN) has mandated foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 dollars and above to dec...