By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) has extended the temporary access granted to Bureau de Change operators for purchasing foreign exchange from...
The Tinubu Media Support Group (TMSG) has described the Nigeria Foreign Exchange code (FX code) as the beginning of a new era of regulation in the...
By Ibrahim Modibbo Within hours after the launch of foreign exchange code by the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on January...
By Tony Obiechina, Abuja Central Bank of Nigeria (CBN) has released the Nigeria Foreign Exchange Code (FX Code) to strengthen the country’s FX market.The document which...
By Tony Obiechina, Abuja Central Bank of Nigeria (CBN) has approved sale of foreign exchange worth $20,000 to eligible Bureau De Change operators in the country....
By Tony Obiechina, Abuja Central Bank of Nigeria (CBN) says its official market recorded a turnover of $43bn in customer transactions by the end of July...
By Tony Obiechina, Abuja Nestle Nigeria Plc has recorded another half-year loss after tax, following the foreign exchange reform introduced by the Central Bank of Nigeria...
By Tony Obiechina, Abuja Following the on-going reforms in the foreign exchange market, with the objective of achieving an appropriate market determined exchange rate for the...
Justice Lewis Allagoa of a Federal High Court in Lagos, on Monday, struck out the charge against 19 Bureau De Change (BDC) Operators, following the withdrawal...
By Tony Obiechina, Abuja In a bid to manage risks and prevent potential losses with systemic implications, the CBN on Wednesday issued stringent prudential requirements for...