Tag: Forex

CBN vows to crack down on offenders of illegal forex trade

By Felicia Nwosu Folashodun Shonubi, the acting Governor of the Central Bank of...

CBN announces operational changes to the foreign exchange market

By Zion Rufus  In a significant development that aims to streamline and enhance...

OctaFX names Onakoya, Ebuka brand ambassadors

Global forex broker OctaFX has announced Chess enthusiast, Tunde Onakoya and  Forex...

IMC experts laud CBN’s ban of forex sale to BDC operators

By Oghale Mafuru Following the Central Bank of Nigeria’s (CBN’s) decision...

Dollar shortage hampers Guinness Nigeria’s bid to refinance loan

Diageo’s Nigerian subsidiary, Guinness Nigeria Plc, said it’s struggling to refinance...

CBN advised to suspend forex restriction on milk importation

The Central Bank of Nigeria (CBN) has been advised by the Nigeria Employers’ Consultative...

Berger Paints MD blames speculators for dollar crisis

The Managing Director of Berger Paints Peter Folikwe has said that Nigeria’s forex...