The Central Bank of Nigeria (CBN) has unveiled a foreign exchange price verification system design to grant importers access toforex. In an announcement from its Trade and Exchange Departmen…
The Naira has gained against Dollar significantly, trading between N805 to N790 at black market, also known as parallel exchange market on Tuesday, Good Evening Nigeria has learnt. The decli…
President Bola Tinubu has assured Nigerians that there will be no hike in the pump price of petrol for now. Tinubu’s reassurance follows concerns raised by Chief Chinedu Ukadike, the Nationa…
The Central Bank of Nigeria (CBN) will soon come up with stringent measures to stabilise multiple exchange rate in the country. The CBN Acting Governor, Mr Folashodun Shonubi, disclosed this…
Nigeria’s gross official reserves have experienced a slower decline, dropping by -USD167 million month-on-month to reach around USD34.0 billion at the conclusion of July 2023. This comes aft…
President Bola Tinubu took to the airwaves on Monday in a National Broadcast titled “AFTER DARKNESS COMES THE GLORIOUS DAWN.” In the 18 minutes broadcast, President Tinubu addressed the pre…
President Bola Tinubu says the Federal Government is receiving support and commendations from the global communities over the removal of fuel subsidy and the foreign exchange regime policies, sayin…
Bureau de Change (BDC) operators in Lagos, Abuja and Kano have been experiencing mixed fortunes owing to the recent forex unification policy of the Central Bank of Nigeria (CBN), Daily Trust report…
The Economic and Financial Crimes Commission, EFCC, yesterday, raised the alarm over the number of petitions it received in Lagos on investment and forex-related scams, totalling sums of N317.9 bil…
