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Nigeria: Central Bank Injects $370.9 Million Into Interbank Forex Market
Premium Times, 21 February 2017
As a follow up to its commitment to ease the difficulties Nigerians encounter in funding foreign exchange transactions, the Central Bank of Nigeria, CBN, on Tuesday intervened in… Read more »
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Nigeria: Central Bank Announces New Foreign Exchange Policy
Premium Times, 20 February 2017
The Central Bank of Nigeria, CBN, has released a new foreign exchange policy in the country with immediate effect. Read more »
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Nigeria: CBN Orders Major Forex Market Overhaul As Naira Depreciates Further
Vanguard, 21 February 2017
The Central Bank of Nigeria, CBN, has rolled out a new foreign exchange window to stem the tide of demand pressures which had battered the Naira in the unofficial foreign exchange… Read more »
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Nigeria: 11 Benefits Nigerians Could Enjoy From CBN's New Forex Policy
Premium Times, 21 February 2017
The Central Bank of Nigeria, CBN, on Monday unveiled a new foreign exchange, FOREX, policy. The policy is to increase availability of FOREX to ease the difficulties Nigerians… Read more »
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Nigeria: CBN Changes Forex Rules, As Naira Plunges At BDCS
Daily Trust, 21 February 2017
The Central Bank of Nigeria (CBN) has again changed its rules on foreign exchange allocations for manufacturers and travellers in a bid to ease scarcity and ensure enough… Read more »
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Nigeria: CBN Abolishes Preferential Treatment for Manufacturing, Other Sectors
This Day, 21 February 2017
Following its resolve to meet all unfilled foreign exchange (FX) demand in the country, the Central Bank of Nigeria (CBN) monday announced that it will no longer impose… Read more »
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Nigeria: CBN Moves to Ease Forex Scarcity At Nation's Airports
Guardian, 21 February 2017
The Central Bank of Nigeria (CBN) yesterday ordered all banks to open foreign exchange (forex) kiosks at major airports and approved outlets.The order was issued barely 24 hours… Read more »
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Nigeria: Senate Tells EFCC to Go After CBN, Civil Servants
Guardian, 21 February 2017
Owing to monumental graft cases involving civil servants, the Senate has charged the Economic and Financial Crimes Commission (EFCC) to beam its searchlight on the Central Bank of… Read more »
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Nigeria: Youth Back CBN Stance On Forex Guidelines
CAJ News, 21 February 2017
The Integrity Youth Alliance has expressed its support to the Central Bank of Nigeria's (CBN's) divisive foreign exchange policy. Read more »
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Nigeria: Nigerians Studying Abroad, Others to Benefit From New CBN Policy
Premium Times, 20 February 2017
The Central Bank of Nigeria, CBN, has explained that its new foreign exchange policy is to cushion the hardship faced by Nigerians in paying school fees abroad, medical bills and… Read more »