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.
Again naira appreciates against U.S dollar on I&E window
Again naira appreciates against U.S dollar on I&E window
CBN increases interest rate to 18.50%
The Central Bank of Nigeria (CBN) has again increased the monetary policy rate (MPR) by 0.50 per cent to 18.50 per cent.
Developing Countries: UNCTAD Wants Actions To Curb Crypto Currencies
The UN Conference on Trade and Development (UNCTAD) has called for action to curb crypto currencies in developing nations.
Cross River residents storm banks in search of money
Calabar, Feb. 6, 2023: Residents of Calabar city in Cross River state, on Monday stormed the various commercial banks in search of cash.
Gwadabe praises Tinubu on call for exchange rate unification
 Alhaji Aminu Gwadabe, President, Association of Bureaux Des Change Operators of Nigeria (ABCON), has said that members of the group will align with President Bola Tinubu’s position on unified exchange rates.
