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BDC reforms: Travelex partners CBN, EFCC, ABCON

BDC reforms: Travelex partners CBN, EFCC, ABCON

Nike Popoola Travelex UK through its Nigerian subsidiary has restated its commitment to sustaining existing cooperation with Nigeria’s financial sector regulators in reforming the Bureau De Change subsector. It said in a statement on Monday that it would continue to work with the Central Bank of Nigeria, the Economic and Financial Crimes Commission and the […] …

Forex sanctions: CBN assures foreign investors of support

Forex sanctions: CBN assures foreign investors of support

Nike Popoola The Central Bank of Nigeria has said that it will continue to welcome foreign investors and put in place initiatives for conductive business environment. In a statement on Wednesday by the Director, Corporate Communications, Isaac Okorafor, the CBN said the sanctions recently imposed on four deposit money banks was in the public interest. […] …

Naira strengthens against dollar at investors’ window

Naira strengthens against dollar at investors’ window

The naira on Thursday appreciated further against the dollar at the investors’ window, exchanging at N362.78, stronger than N363.10 posted on Wednesday. It exchanged at N306.25 to the dollar at the official Central Bank of Nigeria window. READ ALSO: Court dissolves marriage over religious difference The Nigerian currency was sold at N359 to the dollar at […] …

Forex: CBN gives market $210m boost

Forex: CBN gives market $210m boost

The Central Bank of Nigeria (CBN) has made available the sum of $210 million, to meet customers’ requests in various segments of the foreign exchange market. The CBN, in its quest to meet customers’ needs in the various segments of the market offered $100million to authorised dealers in the wholesale segment of the market, whileRead More
The post Forex: CBN gives market $210m boost appeared first on The Nation Nigeria. …

Forex inflow hit $91bn in 2017 – CBN

Forex inflow hit $91bn in 2017 – CBN

The Central Bank of Nigeria, says the aggregate foreign exchange inflow into the country stood at $91 billion in 2017. The bank disclosed in its 2017 annual report released on Thursday that the figure was an increase of 45 per cent from $62.75 billion in 2016. READ ALSO: Omarosa releases recording of Lara Trump trying to […] …

Ministry, CBN to include ICT on forex list

Ministry, CBN to include ICT on forex list

The Minister of Communications Technology, Mr Adebayo Shittu, says the ministry is collaborating with
The post Ministry, CBN to include ICT on forex list appeared first on – The Sun News. …

Forex: Wholesale market, others get $210m from CBN

Forex: Wholesale market, others get $210m from CBN

The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting $210 million into the market. At Tuesday’s trading, the Bank offered the sum of $100,000,000 as wholesale interventions and allocated the sum of $55,000,000 each for Small and Medium Enterprises (SMEs) forex window and the invisibles sector,Read More
The post Forex: Wholesale market, others get $210m from CBN appeared first on The Nation Nigeria. …

Transfer: Barcelona’s Mina to make final decision on Man United, Everton

Barcelona defender, Yerry Mina will choose between Manchester United and Everton in the next 24 hours. Mina is wanted by both Premier League clubs, who have agreed fees of around £30m with the La Liga champions. The Colombia international is now faced with a choice of which club he wants to join before the transfer […]
Transfer: Barcelona’s Mina to make final decision on Man United, Everton …

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