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Dangote Loses $3.7billion, Drops 25 Places On Billionaire List

Nigerian billionaire Aliko Dangote, Africa’s richest person, fell 25 places on the…

Farouk Mohammed

15 Banks Named As Foreign Exchange Primary Dealers [See List]

The central bank of Nigeria (CBN) has jettisoned it’s original plan of…

Farouk Mohammed

Naira Trade at N280 Per Dollar at Interbank Market

With the flexible foreign exchange policy driven by the Central Bank of…

Farouk Mohammed

Naira Trades For 330 Per Dollar at Parallel Market

The new foreign exchange regime announced by the Central Bank of Nigeria…

Farouk Mohammed

Naira Exchanges For 255 Per Dollar As Trading Begins

Nigeria’s naira devalued 22.7 percent against the U.S. dollar on Monday as…

Farouk Mohammed

IMF Reacts to Nigeria’s New Foreign Exchange Policy

The International Monetary Fund, IMF, has welcomed the decision by the Central…

Farouk Mohammed

Dangote Cement Appoints ‘Dorothy Ufot’ As Non-executive Director

Dangote Cement PLC, Africa’s largest cement producer, has appointed Dorothy Udeme Ufot,…

Farouk Mohammed

Summary of CBN’s New Foreign Exchange Policy

Read summary of the Press Conference held by the Governor of the…

Farouk Mohammed