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Exchange Rate

BREAKING: CBN introduces new FX rates

CBN introduces new FX rates: The Central Bank of Nigeria on Monday introduced new Forex rates and would no longer trade the naira at N375 per dollar for invisibles, such as school fees, medical bills and travel allowances. The…

What? CBN to let Naira into free fall?? (READ)

CBN to let Naira into free fall - Nigeria’s central bank is calling an urgent meeting with commercial banks’ executives on Friday with the purpose to decide what to do with the exchange rate of weakening naira, which is no longer coincides…

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