CBN moves to restore investor confidence, begins clearance of FX
The Central Bank of Nigeria (CBN) has started clearing backlogs of foreign exchange (FX) forward contracts through some banks as part of efforts to rebuild confidence in the Nigerian economy.
Why UK agency approves naira for financing transactions
Britain’s export finance agency will add the naira to its list of “pre-approved currencies” for financing transactions.
Nigerians call for FG’s intervention new monetary policy
Nigerians have called for an intervention from the Federal Government to ease the hardship and frustration being faced because of the new monetary policy introduced by the Central Bank of Nigeria (CBN).
Why Court orders Binance to release Nigerian traders’ data….
Justice Emeka Nwite of the Federal High Court, Abuja has ordered Binance Holdings Limited to provide the Economic and Financial Crimes Commission (EFCC) with...
Again naira appreciates against U.S dollar on I&E window
Again naira appreciates against U.S dollar on I&E window
Emefiele directs banks to receive old notes
At last the Central Bank of Nigeria (CBN) has made a U-turn, directing that commercial banks in Nigeria should stop rejecting N200, N500, and 1,000 old naira notes.
