Tag: FX
CBN denies selling FX at N1,301/$ to BDCs
The Central Bank of Nigeria (CBN) has denied the sales of foreign exchange (FX) to eligible bureau de change (BDC) operators at N1,301 per...
Naira depreciates against dollar amid FX supply drop
The naira depreciated against the dollar at the foreign exchange market to begin the week as FX supply dropped further.
FMDQ data showed that the...
Saudi govt to invest in Nigeria’s refineries, support CBN’s FX reforms
Saudi Arabian government has pledged to invest in the revamp of Nigeria’s refineries, as well as provide financial support to sustain the foreign exchangeaudi...
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