Forex Directive: Abuja Banks Comply With CBN
In accordance with the new Foreign Exchange (FX) regulation by the Central Bank of Nigeria (CBN), commercial banks in Abuja have set up dedicated teller...
Tag : Forex
Young Lady Forex Trader Gifts Self House On Birthday (Photos)
A Facebook user, Ib Macdonald shared how she built a house from scratch as a gift to herself on her birthday. The lady congratulated herself...
UNILORIN Student Loses N300million To Forex Trader, Commits Suicide
A 300-level student of the Department of Agriculture, University of Ilorin, UNILORIN, Gbenga Favour Olaoye-Akanbi, has committed suicide after he was allegedly duped by a...
Tumbling Naira: Resolving Nigeria’s Balance Of Payment Deficit
Domiciliary accounts and remittances have emerged as twin touchy issues in the management of Nigeria’s foreign exchange market (forex). And for many years, the obvious...
CBN Bans Third Parties From Getting Forex Via Form M
The Central Bank of Nigeria (CBN) says it will no longer approve payment of foreign exchange to form M applicants who do so through a...
Forex: See How Much CBN Injected Into Retail Secondary Market
The Central Bank of Nigeria (CBN) has injected the sum of 218.41 million dollars into the Retail Secondary Market Intervention Sales (SMIS). The bank’s Director,...