China’s Central Bank adds liquidity via reverse repos
China’s Central Bank conducted 43 billion Yuan (about 5.99 billion U.S. dollars) of seven-day reverse repos at an interest rate ...
Tag: dollars
Chinese Yuan strengthens to 7.1186 against dollar
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by two pips to 7.1186 against the ...
Court orders permanent forfeiture of N13bn recovered from Ikoyi residence
A Federal High Court in Lagos on Tuesday ordered the final forfeiture to the Federal Government the N13 billion discovered ...
Forex: Dealers pick $85.69m out of $100m offered by CBN
The Central Bank of Nigeria (CBN) disclosed on Friday that authorised dealers were only able to pick $85.69 million out ...
Looters burying stolen funds in forests, burial grounds, says Lai Mohammed
The Federal Government says its anti corruption agencies have been inundated with information of how looters have resorted to burying ...
Forex: CBN makes $10,000 special midweek sales to 2991 BDCs
The Central Bank of Nigeria (CBN) in its bid to sustain foreign exchange liquidity said it would make a special ...
CBN reviews BDC rates to N360/$
The Central Bank of Nigeria (CBN) has reviewed down the rate at which it was selling dollars to Bureau De ...
Senator faults payment of tuition fees in foreign currency in Nigerian schools
Senator Yusuf Yusuf (APC-Taraba) has described as unacceptable the use of foreign currency for the payment of tuition fees in ...
Forex: Dealers fear further dollar crash as CBN offers $100m
The Central Bank of Nigeria (CBN), on Thursday, offered $100 million to meet the requests of wholesale customers, out of ...
Again, CBN boosts Forex supply with $195m
As anticipated last weekend, the Central Bank of Nigeria (CBN), on Tuesday, sustained the supply of foreign exchange to the ...
Naira stabilises at N497/$ as hope of recovery imminent
The Naira on Monday stabilised at N497 to a dollar at the open market just as stakeholders expressed hope in ...
Court declines making order on frozen $15.5m linked to Patience Jonathan
Justice Mohammed Idris of a Federal High Court, Lagos, on Tuesday, refused to restrain a brother judge from taking steps ...
BDCs decry poor compliance of banks to forex sales
President, Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has decried the poor compliance of banks ...
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