Tag: CBN
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CBN urged by NACCIMA to handle unfulfilled OPS FX requests
The clearing of a $7 billion foreign exchange (FX) backlog by the Central Bank of Nigeria (CBN) has been praised by the Nigerian Association...
Nigeria’s “Oil Curse”: ‘Paradox of Plenty’ or ‘Poverty of Paradox’?
Nigeria is blessed with vast natural resources and rich environments. It is generously endowed with productive land and valuable natural resources, which include renewable...
CBN has discovered new foreign exchange scam amounting to $2.4 billion
The head of the Central Bank of Nigeria, Yemi Cardoso, said that law enforcers are looking into foreign exchange deals worth about $2.4 billion.
Cardoso...
Alleged Bandit Flaunts Cash on TikTok, Real Madrid’s Vini Jr Breaks Down in Tears in Press Conference – Trending Today
Hello and welcome! In today's trending news stories;
1. A counter-insurgency expert and security analyst, Zagazola Makama, shared a viral video on TikTok showing a...
Naira strengthens across markets as CBN sells dollars to BDCs
The Central Bank of Nigeria (CBN) sold dollars to the Bureau De Change (BDC) Operators for N1,251, which resulted in the naira strengthening on...
