CBN to Banks, Forex Dealers: Accept Old, Small US Dollar Bills or Face Sanctions
The Central Bank of Nigeria has warned Deposit Money Banks to stop rejecting old and small denominations of the United ...
Tag: Foreign exchange market
Cardoso Calls for Moderation in Demand for Forex
The Central Bank of Nigeria, (CBN), Olayemi Cardoso has implored Nigerians to cut down on their demand for forex. “We ...
FX Devaluation, High-Interest Rates are affecting our Businesses, Oil & Gas Suppliers lament
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) have expressed their dissatisfaction to the federal government over the ...
Forex Scarcity Reduces Foreign Portfolio Investment Inflows
As the foreign exchange market continues to experience illiquidity amidst scarcity of the greenback at the official windows, foreign investors ...
