The Central Bank of Nigeria has allowed commercial banks to freely trade foreign exchange at any rate. The announcement comes after Godwin Emefiele’s suspension as…
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Tag: forex
Banks ration forex sales as scarcity bites
Banks have begun to reduce approval requests for Personal Travel Allowance and Business Travel Allowance to legitimate users. The legitimate users will be able to…
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Nigerians increasingly demanding for Forex as scarcity persists
The Naira has fallen to low levels during the week, as traders adjusted prices to reflect the rate Central Bank of Nigeria sold the currency…
View More Nigerians increasingly demanding for Forex as scarcity persists