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Nigeria’s Forex Utilisation for Foreign Education Falls By 83%

Data from the Central Bank of Nigeria (CBN) indicate that Nigerians have spent $38.17 million on for...

July 24, 2024
Nigeria’s FX Reserves Reached $34.14bn

Nigeria's foreign reserves have continued to rise, reaching $34.14 billion on Friday, showing a 4.06...

June 30, 2024
CBN Stops FX Price Verification Portal for Importers from July 1

The Central Bank of Nigeria has announced that it will no longer use the foreign exchange price veri...

June 27, 2024
Forex Demand Decreases by $9bn in 12 months – CBN
May 26, 2024

According to the latest data from the Central Bank of Nigeria, there was a 42% decrease in the deman...

FX Inflows Records in Q1 of 2024 Surpass 2023 inflow by 136% – CBN Governor
May 24, 2024

The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has disclosed that the foreign exch...

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