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Forex

CBN AGSMEIS Loan Form 2020/2021: How To Apply Without Collateral
BANKING

CBN clarifies reports on Plan To Stop Sale Of FOREX To Banks

February 12, 2022 Sam Gabriel

CBN clarifies reports on Plan To Stop Sale Of FOREX To Banks – Central Bank of Nigeria (CBN) has shed more light on reports of plans […]

CBN AGSMEIS Loan Form 2020/2021: How To Apply Without Collateral
ECONOMY

CBN may Sanction Microfinance Banks for illegal Forex Trading

August 21, 2021 Sam Gabriel

CBN may Sanction Microfinance Banks for illegal Forex Trading – The Central Bank of Nigeria (CBN) has threatened to sanction and revoke the licences of microfinance […]

Naira dollar rates3
BANKING

Banks Lament Fraudulent Forex Requests by Customers

August 13, 2021 Sam Gabriel

Banks Lament Fraudulent Forex Requests by Customers – The Bankers’ Committee has expressed concern over the fraudulent demands for foreign exchange (forex) by bank customers. The […]

Naira dollar rates2
ECONOMY

Naira Now N508/$1 at Unregulated FX Market as Pressure Eases

August 4, 2021 Tosan Olajide

Naira Now N508/$1 at Unregulated FX Market as Pressure Eases – The value of the Naira against the United States Dollar at the black market has […]

CBN vows to monitor, control 2019 election spending
ECONOMY

Nigeria’s central bank to monitor banks’ foreign exchange sale to customers

August 3, 2021 Agency Report

Nigeria’s central bank to monitor banks’ foreign exchange sale to customers – The Central Bank of Nigeria’s (CBN‘s) has assured the public that it will monitor […]

Naira dollar rates3
ECONOMY

Nigerian Manufacturers says Single Forex Window will Eliminate Middlemen Excesses

August 3, 2021 Agency Report

Nigerian Manufacturers says Single Forex Window will Eliminate Middlemen Excesses – The Manufacturers Association of Nigeria (MAN) has expressed hope in the recent forex policy instituted […]

Nigerian banks
BANKING

Nigerian Banks Woo Customers with Forex, Sell Dollar at N412

August 3, 2021 Agency Report

Nigerian Banks Woo Customers with Forex, Sell Dollar at N412 – Deposit Money Banks (DMBs) are beginning to encourage customers to come to them for their […]

CBN identifies major economic sabotage in Nigeria
ECONOMY

Nigeria’s Central bank assures No Plan to Covert Forex in domiciliary Accounts

August 3, 2021 Cynthia Charles

Nigeria’s Central bank assures No Plan to Covert Forex in domiciliary Accounts – The Central Bank of Nigeria (CBN) says there are no plans to convert […]

Naira dollar rates3
ECONOMY

Nigerian banks announces they’re fully open for Forex needs of customers

August 2, 2021 Cynthia Charles

Nigerian banks announces they’re fully open for Forex needs of customers – Deposit money banks in the country have moved to implement the directive from the […]

Nigerian banks
BANKING

Manufacturers Urges Banks Not to Hoard Forex after Nigeria’s central bank Directive

July 31, 2021 Agency Report

Manufacturers Urges Banks Not to Hoard Forex after Nigeria’s central bank Directive – The Manufacturers Association of Nigeria (MAN) has urged commercial banks to comply strictly […]

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