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Currency speculators undermine measures to stabilize foreign exchange market – Ribadu – Opinion Nigeria

“The primary objective of this alliance is to systematically identify, thoroughly investigate and appropriately penalize individuals and organizations involved in wrongful activities within the FX market.

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Nigerians
Nigerian
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Office-of-the-national-security-adviser
Financial-crimes-commission
Bureau-de
Central-bank
Nigeria-police-force
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Nigeria-foreign-exchange-market
Financial-action-task

Nigeria: 2023 Year Of Cash Crunch And Naira Swap – Analysis

Nigeria: 2023 Year Of Cash Crunch And Naira Swap – Analysis
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Niger

Unstable exchange rate forces imports down by 65% in Q3

There are strong indications that the unstable nature of the naira against the dollar accounts for why cargo import has now dropped by 65 per cent in the third and fourth quarters of the year. The naira depreciated to an all-time low on Monday, October 30, trading at about N1,150 to a dollar in the…

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Nigeria-foreign-exchange-market

CBN to clear forex obligation backlog in two weeks, plans clampdown on illegal operators

…’BDCs will not go electronic will be phased out of the system’ Nigerian businesses from manufacturers to importers, who have been on a long queue for dollars may have cause to heave a sign of relief as the Central Bank of Nigeria (CBN) has announced plans to clear foreign exchange (Forex) backlog obligations in the […]

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Nigeria
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Adebisi-shonubi
Central-bank
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Bn
Forex

CBN rolls out new operational guidelines for BDC operators

CBN rolls out new operational guidelines for BDC operators
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Exchange-department
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