Tag: Forex

FEM Turnover Reaches $1.41 Billion As FX Activity Increases.

Turnover on the Nigerian foreign exchange market reached $1.41 billion, the largest…

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CBN: Security Agencies Pursuing Firms In Forex Racketeering.

The CBN stated that security agencies, including the Economic and Financial Crimes…

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Ribadu Sets Up Security Force To Fight ‘Dollar Racketeers’ Causing Naira Collapse

Nuhu Ribadu, the National Security Adviser, has directed law enforcement agencies to…

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CBN Releases $500m To Clear Verified Forex Liabilities

The Central Bank of Nigeria (CBN), has released US$500 million to various…

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Naira Slump Further To N1089/$ On Official I&E window

The naira on Tuesday, fell to N1089.51/$ on the official Investor and…

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