A former Managing Director of Bulk Energy Storage and Transportation Limited (BOST), Dr. Edwin Alfred Nii Obodai Provencal, has strongly refuted claims by Dr. Riverson Oppong, CEO of the Chamber of ...

It has come to my notice that the CEO of the AOMCs and LPG Marketing Companies, Dr. Riverson Oppong, a key stakeholder of the downstream sector is leading the crusade against the bastardization of the ...

A former Managing Director of Bulk Energy Storage and Transportation Limited (BOST), Dr. Edwin Alfred Nii Obodai Provencal, has strongly refuted claims by Dr. Riverson Oppong, CEO of the Chamber of ...

The naira appreciated to N1,550 per dollar at the parallel section of the foreign exchange (FX) market on Thursday.

The Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, ...

CBN restricts BDCs to $25,000 weekly forex purchases from one bank, aims to curb speculation and stabilize the naira.

Under the revised guidelines, each BDC is permitted to source foreign exchange from only one authorised dealer per week ...

The naira appreciated further in the parallel market, popularly called black market, on Thursday, a day after the Central ...

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The new guidelines aims at ensuring transparency and curbing potential forex misuse. The CBN vowed to sanction violators appropriately.

The Central Bank of Nigeria (CBN) has threatened to revoke the licences of banks and other foreign exchange traders, ...

The Central Bank of Nigeria (CBN) has imposed a $25,000 weekly limit on foreign exchange purchases by Bureau de Change (BDC) ...