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CBN sells dollars to BDCs below market rate at N1,101/$1, in continued defence of naira

In continuation of its defence of the naira against the dollar, the Central Bank of Nigeria (CBN) Monday announced the sales of foreign exchange...

Presidency to currency speculators: Drop your dollars to avoid tears

The Presidency, on Thursday, warned forex speculators to discard their dollars, saying that the Naira will soon appreciate.President Bola Tinubu’s Special Adviser on Information...

Minister accuses cement makers of taking advantage of rise in dollar to inflate price

Minister of Housing and Urban Development, Ahmed Dangiwa, has accused cement manufacturers in the country of taking advantage of the rise in dollar against...

Naira closes at N927/$ 

With respect to the official Investor and Exporter FX window, the naira ended the week at N927.19/$.From the N794.89/$ it closed the week of...

FOREX: Devise Economic Plan To Save Naira, Robinson Uwak Tells CBN, FG

A former member of the House of Representatives, Robinson Uwak, has called on the Central Bank of Nigeria, CBN, and the Federal Government to...

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