Weekly Newsletter
Excepteur sint occaecat cupidatat non proident
foreign exchange
Forex stability: CBN sells $122.671m to 46 authorised dealers
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has sold the sum of US$122,671,000.00 (One Hundred and Twenty-Two...
GSK exit may trigger exodus of more companies as pundit calls for swift intervention on naira depreciation
By Chioma Obinagwam A sustainability expert and consultant on business strategy, Mr. Marcel Okeke has said that the depreciation of the Naira has...
Why Nigeria’s Central Bank removed restrictions on domiciliary accounts
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has explained reasons for the removal of limits on domiciliary accounts, allowing account holders...
Analysts react to latest MPR hike by CBN
…says hike in subsequent MPC meeting not unlikely Chioma Obinagwam Analysts at Cordros Research, the research arm of Cordros Capital, have reacted to...
CBN releases operating guidelines for its R200 policy
The Central Bank of Nigeria (CBN), has released guidelines for the operationalisation of its R200 policy. The News Agency of Nigeria (NAN) recalls...
Why creating environment to attract Forex is critical
The immediate past Director General (DG) of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf has called on the Nigerian...
Nigeria devalues currency as it adopts flexible rate
Government to end using fixed rate for official transactions New policy set to lift Nigeria’s revenue from crude receipts Nigeria adopted a...
CBN refutes story on Forex arbitrage
…Forex exchange rates geared towards convergence not arbitrage By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s apex bank has dismissed the...
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