CBN forex – Page 2 of 2 – Prime Business Africa

Unified Exchange Rate Drives N1.36trn Revenue Gains For States- FAAC

In a financial revelation reshaping the economic landscape, Nigeria’s adoption of a unified exchange rate has led to a surge in foreign exchange gains, soaring to N1.36 trillion within six months. The

Emmanuel Ochayi

11 months ago

Business·Finance & Economy·Latest News

CBN’s FX Reforms Pose Challenges, Opportunities For Investment Bankers, Says AIHN

The winds of change in Nigeria’s financial landscape, stirred by the Central Bank’s foreign exchange (FX) reforms, were acknowledged as a double-edged sword by Ike Chioke, the former President of the Association

Emmanuel Ochayi

12 months ago

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Business·Currency·Latest News

13 Nigerian States Reap N71.59 Billion Forex Profits Amidst Naira’s Depreciation

In a financial upturn that defied the odds, thirteen Nigerian states have raked in a sum of N71.59 billion in foreign exchange revaluation profits within just three months. This revelation surfaced from the latest

Emmanuel Ochayi

12 months ago

Naira Slips Again As Dollar Supply Drops

Business·Currency·Insights

CBN Sells $9.4 billion Forex In 6 Months To Control Dollar Rate

In the first half of 2022, the Central Bank of Nigeria (CBN) sold $9.4 billion to the foreign exchange market to control dollar rate, despite international creditors advising against such intervention. Why

Fakoyejo Olalekan

2 years ago

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CBN forex - Page 2

Unified Exchange Rate Drives N1.36trn Revenue Gains For States- FAAC

CBN’s FX Reforms Pose Challenges, Opportunities For Investment Bankers, Says AIHN

13 Nigerian States Reap N71.59 Billion Forex Profits Amidst Naira’s Depreciation

CBN Sells $9.4 billion Forex In 6 Months To Control Dollar Rate

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