Foreign Exchange

Business

Foreign Exchange Inflow Hit $91b As CBN Releases 2017 Report

The Central Bank of Nigeria (CBN) says the aggregate foreign exchange inflow into the country stood at $91 billion in…

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Business

CBN Boosts Foreign Exchange Supply With $195m

The Central Bank of Nigeria (CBN) on Monday, intervened in inter-bank Foreign Exchange Market with the supply of 195 million…

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News

CBN Reiterates Determination to Sustain Foreign Exchange Liquidity

The Central Bank of Nigeria (CBN) on Sunday reiterated its determination to sustain the provision of foreign exchange with a…

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News

CBN Releases Emergency Telephone Line On Foreign Exchange Complaints

The Central Bank of Nigeria (CBN) has released an emergency mobile phone line for customers denied access to foreign exchange…

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Business

CBN Releases Guidelines for Getting Foreign Exchange for 41 Banned Items

The Central Bank of Nigeria (CBN) has announced guidelines for getting foreign exchange to import the 41 items on the…

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Business

International Airlines Lose $208m In Foreign Exchange Rate Shift

International airlines operating in the country may have lost the sum of $208 million (N58.6bn) out of the outstanding $700…

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News

We Lost N50b To ‘Foreign Exchange’ Policy – Aliko Dangote

Dangote Group President Aliko Dangote said at the weekend that his company lost N50 billion to the flexible foreign exchange…

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Business

CBN Announces New Foreign Exchange Policy [READ]

The Central Bank governor announced Wednesday after months of pressure to control a spiraling crisis in Africa’s biggest economy. Gov.…

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