Tag: foreign exchange
Here’s Why Flights From Lagos to Abuja May Soon Go for N250,000
The skies above might soon come with a steeper price tag as Nigerian airline operators hint at a potential increment ...
First Bank announces suspension of international transactions on naira cards
First Bank of Nigeria has declared that beginning September 30, its naira cards will no longer be accepted for international ...
We should all be worried about what we consume | 5 takeaways from Nigeria’s yam crisis
On Thursday, the House of Reps during its plenary session opened up an investigation into the Federal Ministry of Agriculture ...
We should not celebrate Nigeria’s exit from recession yet – Okonkwo
The Managing Director/Chief Executive Officer of Fidelity Bank Plc, Nnamdi Okonkwo has asked Nigerians not to celebrate the exit of ...
U.S Dollar rate crashes with Republican Healthcare bill
Following news that Republicans were unable to repeal and replace Obamacare, the U.S. dollar went crashing alongside the Republican Healthcare ...
We have enough forex for end users, bank customers – CBN
The Bankers Committee of the Central Bank on Thursday declared that there was adequate stock of foreign exchange to sustain ...
CBN pumps fresh $195m into foreign exchange market
by Azeez Adeniyi The Central Bank of Nigeria on Tuesday released fresh $195m into the foreign exchange market. This was ...
CBN releases additional $180m into forex market
by Azeez Adeniyi The Central Bank of Nigeria (CBN) on Monday released additional $180m in order to increase liquidity in ...
Just In: Central bank introduces new foreign exchange policy
The Central Bank of Nigeria (CBN) has released a new foreign exchange policy. In a statement on Monday, the CBN ...
#OccupyCBN: Nigerians protest at CBN headquarters (PHOTOS)
A group of Nigerians led by PDP member, Deji Adeyanju on Friday protested at the entrance of the Central Bank ...
Oo Nwoye: Emefiele really has to go now | Here’s how
by Oo Nwoye Here’s a simple idea to help CBN get rid the f_k of Emefiele. Emefiele, Nigeria’s Central Bank’s ...
Airlines’ inability to access foreign exchange may lead to plane crashes – Senate
The Senate on Thursday said the country might experience plane crashes if a total improvement is not done on the ...
Opinion: Who parallel market epp?
by Olamide Eyinla The main topic today in Nigeria is the value of the Naira. Sometime in June 2016, the ...
Just In: CBN reinstates banks suspended from forex trade
The Central Bank of Nigeria (CBN) on Wednesday reinstated nine banks that were recently suspended from the foreign exchange market ...
CBN licenses 11 new international money operators
The Central Bank of Nigeria has licensed 11 new international money operators in the country. In a statement signed by ...
Naira gains beyond expectations in parallel market
The new foreign exchange regime announced by the Central Bank of Nigeria (CBN) appears to be effecting positive reactions on the ...
CBN bows to pressure, adopts flexible foreign exchange
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has asked the number one bank of the nation ...
Even the president of the Bureau de Change association is wailing
The President of Association of Bureau de Change of Nigeria, Aminu Gwadabe, has declared that there is no better option ...
Ghana bans importation of Nigerian products
Nigeria’s neighbor and long time trading partner, Ghana, has banned the importation of some products into the country. According to ...
#YNaijaExplains: Why are some banks rejecting forex deposits?
One of the favourite past times of Nigerians over the last few months has been the daily check of exchange ...
“Private jets, rice and tomatoes” – It will become hard to import these items and 37 others
The Central Bank of Nigeria has issued a directive which will effectively stop the importers of certain goods from accessing foreign ...
Highest fall in 5 years: Naira trades for N187 to dollar
by Godwin Akanfe The naira has experienced its highest fall in 5 years. The Nigerian currency fell by four ...
Foreigners own 53.81% of the Nigerian Stock Exchange
by Tunji Andrews Total equity transactions at the nation’s bourse increased to N522.74 billion (about $3.37 billion) in September representing ...
More foreign capital came into Nigeria in Q2, $12.67 billion of it
by Tunji Andrews Provisional data indicated that foreign exchange inflow through the CBN in the second quarter of 2014 amounted ...
Opinion: What Jargons- Common sense Economics and sensible Politics
by Adisa Adeleye If we can manage the domestic economy properly and efficiently, the external sector will gradually assume less ...
The September Standard
- Unlock a Healthier You: Essential Resources for Holistic Well-being
- How Your Diet Could Be Making Your Snoring Worse
- Celebrating Nigerian Trailblazers: Inspiring Women in Fashion
- Silk: Unraveling Threads of Elegance and Innovation
- Grammy Awards 2024 Red Carpet Fashion: Hits and Misses that Stole the Spotlight
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy