EFCC announce freezing of 300 illegal forex accounts
300 illegal forex accounts that were trading on a peer-to-peer platform have been frozen by the Economic and…
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Forex
Again, CBN sales forex to BDCs at N1,021/$
The Nigerian Central Bank has started selling foreign currency to Bureau De Change operators again.
The apex…
Forex fraud: EFCC summons foreign firms as $347bn funds investigation thickens
According to media reports, the Economic and Financial Crimes Commission is examining at least $347 billion in…
CBN break silence on N1.25 forex rate against Dollar
The Central Bank of Nigeria (CBN) has disputed claims that it will devalue forex to N1.25 per dollar.
CBN…
Inflation: Tension as top firms suffer N656 billion lose over forex market…
The persistent lack of foreign exchange (forex) resources may be making many of Nigeria's large corporations in a…
CBN refutes claim of placing new policy actions on Forex
The Central Bank of Nigeria has refuted rumors that it will be implementing new foreign exchange market policy.…