Wednesday, May 12, 2021



CBN mulls new FOREX retail option, pumps $995m

The Central Bank of Nigeria, CBN, is contemplating introducing a new FOREX retail option in  Nigeria, just as it  released another $195million into the market...

Naira gains as CBN pumps $380m in 2 days

The Central Bank of Nigeria, CBN, has pumped a total $380million within two days into the Foreign Exchange Market. And the effect: a further strengthening...

CBN directs banks to pay customers dollar in cash

The Central Bank of Nigeria has directed all banks to pay cash over-the-counter to desiring foreign exchange customers. Spokesman of the CBN, Isaac Okorafor, said the...

Dollar crashes again at parallel market

The dollar on Monday crashed against the naira, as the Nigerian currency gained 5 points at the parallel market against the Dollar. The naira traded at...

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