Tag: Forex

NCC’s Maida highlights the role of corporate governance in transforming Nigeria’s telecom sector The Chief Executive Officer of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has emphasized the critical role of corporate governance in driving the...
The Nigerian Communications Commission (NCC) has directed all licensees to ensure their contact information is updated promptly, emphasizing that any changes must be reported within seven days of occurrence. This directive was outlined in a statement by...

Naira slightly appreciates after hitting all-time low

By Salim Yunusa   Naira clinched a meager gain against the U.S. dollar at both the official and unofficial market windows of the forex market on...

Banks comply with CBN directive, sell Dollar at N412

By Salim Yunusa In compliance with the new Foreign Exchange (FX) regulation by the Central Bank of Nigeria (CBN), commercial banks in Abuja have set...

CBN stop sales of forex to BDC, retains lending rate

By Salim Yunusa   The Central Bank of Nigeria says it has ended the sales of forex to Bureau De Change operators, saying the parallel market...

Naira gains across forex markets as banks start payment of remittances in dollars

By Abba Gwale Forex turnover dropped by 22.9%, as the Naira’s exchange rate at the NAFEX window appreciated marginally against the dollar to close at...

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