Forex: BDC Operators Appeal To CBN To Lift Ban
The Association of Bureaux De Change Operators of Nigeria (ABCON), has urged the CBN to reconsider the ban to allow ...
Tag: FOREX
CBN, SEC Sanctions Five Banks For Money Laundering, Forex Violations
The Central Bank of Nigeria and the Securities and Exchange Commission have sanctioned five major banks for committing over 20 ...
MAN Lament Imminent Job Losses Amid Forex Crisis
Stakeholders including the Manufacturers Association of Nigeria and the Association of Small Business Owners on Sunday lamented the worsening scarcity ...
Forex: CBN Demands N1.4bn From Five Banks Over Infractions
Five top banks in Nigeria paid a total of N1.4bn as penalties to financial regulatory bodies such as the Central ...
Forex Ban: Banks Threaten To Expose Defaulting Customers
The identities of defaulters who circumvent the Central Bank of Nigeria’s policy on Foreign Exchange will be published, banks have ...
PENGASSAN Traces Rising Cooking Gas Price To Forex
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has said that the greatest problem causing the rise ...
Anxiety as Court Freezes Bank Accounts of Forex Trading Firms in Nigeria
The Federal High Court Abuja has frozen the bank accounts of some investment and trading platforms that Nigerians have been ...
Bank CEOs Move To Crackdown on Forex Fraudsters
The chief executives of deposit money banks in the country have warned customers against using fraudulent methods to get access ...
Naira Appreciates at Forex Markets Amid Dollar Supply Boom, Weak Demand
The exchange rate between the naira and the US dollar closed lower at N411.44/$1 at the official Investors and Exporters ...
Naira Falls to N505/$1 as CBN Halts Forex Sales to BDC Operators
The naira fell slightly to the dollar at the parallel market few hours after the Central Bank of Nigeria on ...
