Tag: Forex

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Bernard DayoAugust 14, 2019

The YNaija Cover – the 14th of August

President Muhammadu Buhari makes today’s Cover for asking the Central Bank of Nigeria (CBN) to stop providing foreign exchange for ...

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Dayo Taiwo-SidiqJuly 28, 2019

The YNaija Cover – Weekend Roundup

See links below to read our latest weekend stories and recap of top stories last week:   #BBNaija: Gedoni doesn’t ...

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AzeezJuly 22, 2017

We are not selling forex to anyone at N200 | CBN replies Senate

The Central Bank of Nigeria on Friday dismissed claims by the Senate that it is selling dollars to some businesses ...

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AzeezMay 5, 2017

The YNaija Tracklist: ‘Troops kill Boko Haram members, foil attack on Maiduguri’ | Amaechi: Jonathan govt blew N34b on River Niger | More stories

From the papers this morning – a Tracklist. 41 items still ineligible for forex – CBN – YNaija ‘Troops kill ...

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AzeezMay 5, 2017

The Big 5: These are the stories you should be monitoring today

These are the top five stories you should monitor today. ‘TROOPS KILL BOKO HARAM MEMBERS, FOIL ATTACK ON MAIDUGURI’ Troops ...

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AzeezMay 5, 2017

41 items still ineligible for forex – CBN

by Azeez Adeniyi The Central Bank of Nigeria (CBN) has said 41 items still remain ineligible for forex, despite its ...

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AzeezMay 2, 2017

CBN sanctions 12 banks for hoarding forex from SMEs

The Central Bank of Nigeria (CBN) has barred at least 12 deposit money banks (DMB) from the SMEs window of ...

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AzeezApril 28, 2017

The Big 5: These are the stories you should be monitoring today

These are the top five stories you should monitor today. Stop bailout to states owing salaries, Senate tells FG The ...

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AzeezApril 28, 2017

The YNaija Tracklist: Amaechi had issues with Patience, not me – Jonathan | Stop bailout to states owing salaries, Senate tells FG | More stories

From the papers this morning – a tracklist. Stop bailout to states owing salaries, Senate tells FG – YNaija Amaechi ...

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AzeezApril 18, 2017

CBN introduces ‘Form X’ for SMEs to ease forex documentation

The Central Bank of Nigeria, CBN, has introduced the use of FORM X for SMEs that require basic documentation for ...

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Oludolapo AdelanaApril 13, 2017

CBN releases additional $250m for airlines, oil marketers, others

by Dolapo Adelana The Central Bank of Nigeria on Wednesday released additional $250m on seven to 30-day forwards for agriculture, ...

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Oludolapo AdelanaApril 2, 2017

CBN to sustain forex provision

by Dolapo Adelana The Central Bank of Nigeria has said it will continue its policy of providing foreign exchange with ...

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AzeezApril 1, 2017

We have released adequate forex for tution fee – CBN

by Azeez Adeniyi The Central Bank of Nigeria said it has released adequate amount of foreign exchange for the purpose ...

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Oludolapo AdelanaMarch 31, 2017

Inform us if any bank refuses to give you Forex in 24 hours, CBN tells Nigerians

by Dolapo Adelana The Central Bank of Nigeria has urged Nigerians to notify it if any bank refuses to sell ...

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AzeezMarch 31, 2017

CBN to begin sale of forex to BDCs twice weekly

The Central Bank of Nigeria on Thursday said it would from next Monday begin the sale of foreign exchange to ...

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Oludolapo AdelanaMarch 27, 2017

The Late 5: These are the stories that drove conversations today

by Dolapo Adelana These are the top five stories that drove conversations today. 1. Obasanjo’s former wife files suit to stop ...

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RoqeebahMarch 25, 2017

130 underaged Nigerian girls trapped in foreign lands | 5 numbers that mattered this week

130 – Senior Special Assistant to the President on Foreign Affairs and Diaspora, Abike Dabiri-Erewa disclosed that 130 Nigerian girls are ...

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AzeezMarch 24, 2017

CBN offers $100m forex for corporate customers

The Central Bank of Nigeria (CBN) on Thursday offered the sum of $100 million to meet the requests of wholesale ...

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Oludolapo AdelanaMarch 23, 2017

Naira sells at N390/dollar

by Dolapo Adelana The Naira continued its steady rise against the Dollar on Thursday as it traded for N390 at ...

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Oludolapo AdelanaMarch 4, 2017

Forex: CBN to inject additional $350m into interbank market

by Dolapo Adelana In continuation of its strategy to strengthen the naira against the dollar and other foreign currencies, the ...

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Op-ed EditorFebruary 28, 2017

Peregrino Brimah: Osinbajo moves to kill forex subsidy racket run under Buhari leadership

by Peregrino Brimah The quite outspoken former Central Bank Governor, now Emir, HRH Sanusi Lamido Sanusi, SLS II, as quoted ...

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AzeezFebruary 28, 2017

CBN releases additional $180m into forex market

by Azeez Adeniyi The Central Bank of Nigeria (CBN) on Monday released additional $180m in order to increase liquidity in ...

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Op-ed EditorFebruary 27, 2017

Peregrino Brimah: Buhari down, Naira up

by Peregrino Brimah I hate to say I told you so. July last year we released one more of several ...

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Oludolapo AdelanaFebruary 21, 2017

APC youth demand Ekweremadu’s resignation

by Dolapo Adelana The All Progressives Congress, APC, Youths Renaissance has called for the resignation of Deputy Senate President, Senator ...

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RoqeebahFebruary 20, 2017

The YNaija Cover this evening – the 20th of February

Read the full stories and analyses here, here and here now!

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Op-ed EditorFebruary 10, 2017

Opinion: Despite the recession, this is why the CBN cannot float the naira yet

by Bolarinwa Durojaiye We all know that the Central Bank of Nigeria needs to float the Naira. Hopes that this ...

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Oludolapo AdelanaFebruary 7, 2017

Reps summon Emefiele over allocation of Forex to oil companies

The House of Representatives ad hoc committee on the review of price of petroleum on Monday summoned the Governor of the ...

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Oludolapo AdelanaJanuary 18, 2017

FG to launch economic recovery plan in February – Osinbajo

Vice President Professor Yemi Osinbajo says the Federal Government cannot afford to float the Naira at the moment. Speaking at ...

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Isime EseneDecember 13, 2016

YNaija Analysis: Like Jonathan, Buhari has become a very dangerous president

In the months prior to the 2015 general elections, the wind of ‘change’ swept through Nigeria. Almost everyone was excited ...

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Op-ed EditorNovember 30, 2016

Opinion: Financial institution crisis in Africa | Causes and Solutions

by Olawale Rotimi Opeyemi Formal financial sector in Africa has been rocked with tough crisis over the recent decade; events ...

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