Tag: Forex

NNPC Opens New Forex Window For Oil Marketers

NNPC The Nigerian National Petroleum Corporation (NNPC) On Tuesday disclosed that a…

Farouk Mohammed Farouk Mohammed

CBN Approves Special Forex Intervention for Airlines

The Central Bank of Nigeria has approved a Special Secondary Market Intervention…

Farouk Mohammed Farouk Mohammed

CBN Amends Rule for Investment in Forex Inflow

In its relentless efforts to boost liquidity in the foreign exchange (forex)…

Farouk Mohammed Farouk Mohammed

CBN Bars 9 Banks From Forex Transactions

The Central Bank of Nigeria (CBN) has banned nine deposit money banks…

Farouk Mohammed Farouk Mohammed

CBN to Punish Banks for Illegal Forex Transactions

Banks were yesterday hit with allegations of round tripping. Acting Director, Trade…

Farouk Mohammed Farouk Mohammed

CBN Directs BDCs Not to Sell Forex Above 2% Margin of Buying Rate

The Central Bank of Nigeria (CBN) on Tuesday directed Bureau De Change…

Farouk Mohammed Farouk Mohammed

CBN Directs Banks To Sell Forex To BDCs Operators

The Central Bank of Nigeria (CBN) has directed agent banks to approved…

Farouk Mohammed Farouk Mohammed

PPPRA Okays Forex Rate of N298/$ for Fuel Imports

The Petroleum Products Pricing Regulatory Agency, PPPRA, has given oil marketers the…

Farouk Mohammed Farouk Mohammed