The West African nation has warned it is facing its worst economic crisis in a generation The move is aimed at tackling dwindling forex reserves amidst...
The Central Bank of Nigeria CBN says the non-remittance of dollars to foreign reserves by the Nigeria National Petroleum Corporation (NNPC) is responsible for the naira’s...
The Central Bank of Nigeria (CBN) has threatened to arrest and prosecute any Nigerian caught using naira to buy dollars. CBN Governor, Godwin Emefiele made this...
The improving fortunes of the naira in the parallel market continued, Monday, as it appreciated to N435 per dollar due to declining demand for dollars. Vanguard...