CBN implements restrictions preventing foreign oil companies from repatriating 100% of their foreign exchange earnings at once....
EFCC has frozen over 300 accounts involved in a peer-to-peer forex trading scheme outside official channels, threatening the stability of Nigeria's financial system.
Cardoso said about $2.4 billion out of the speculated $7 billion outstanding foreign exchange...
Bureau de Change Operators has declared the indefinite closure of their business...
Nigeria’s foreign currency shortages have been worsened by declining oil production, which is the country’s largest export...
The updated rate has been observed on the Nigeria Customs Service portal.
The federal government may soon begin the imposition of excise tax penalties on foreign exchange transactions...
The House of Representatives has summoned the Governor of the Central Bank of Nigeria...
President Bola Tinubu has pledged to honor all foreign exchange obligations that Nigeria has entered into through...
This move is expected to provide more stability and transparency to exchange rate fluctuations...
