Tag: Forex

Abuja (Sundiata Post) - Amid shortage of foreign exchange in Nigeria, a former Minister of Aviation, Osita Chidoka, has said that crude oil swap may have strengthen the naira against ...

ABUJA- The Central Bank of Nigeria (CBN) has said that it will deal with commercial banks engaged in illegal sale of foreign exchange. This is coming on the heels of the crash of ...

Nigeria’s loose fiscal and monetary policies are creating excess liquidity, making it difficult for the naira to stabilize against the dollar two months after authorities allowed the currency to trade ...

Abuja (Sundiata Post) - The acting Governor, Central Bank of Nigeria, Folashodun Shonubi, has said the bank will address the demand pressure on the country’s exchange rate, as the naira ...