The Central Bank of Nigeria (CBN) says it sold 543.5 million dollars to authorised dealer banks between Sept. 6 and Sept. 30. According to a statement by Omolara Duke, director,…
Read More CBN sold $543.5 million to banks in September to stabilise forex market – Official
Our reporter/ The Central Bank of Nigeria has sold a cumulative amount of $148m to authorised dealers in the Nigerian Foreign Exchange Market (NFEM), to provide liquidity to the foreign…
Read More CBN sells another $148m to authorised dealers
On Sunday, the Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria (PMG-MAN) bemoaned the paucity of foreign exchange in the country, saying it had negatively affected the local pharmaceutical…
Read More Why pharmaceutical multinationals left Nigeria – PMG-MAN
The Dangote Group on Sunday revealed that it is targeting around $30 billion in revenues by the year 2025 whilst projecting to become the largest supplier of foreign exchange in…
Read More Dangote Group to become Nigeria’s largest forex supplier, targets $30 billion in revenue by 2025
The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed to foreign airlines in the country, has concluded the payment of all verified…
Read More Forex Backlog: CBN concludes payment of all verified claims by airlines
