Fed Govt Pledges Increased Forex Sale To Manufacturers   The Federal Government through the Minister of Industry, Trade and Investment, Niyi Adebayo, has assured manufacturers of its support to enable them to get good returns on their investments. The minister, who gave the assurance while playing host...

5,180 BDCs Get $51.8m On Forex Sales Resumption       About 5,180 Bureau De Change operators got $10,000 each as the Central Bank of Nigeria fully resumed foreign exchange sales to the operators on Monday. The CBN had earlier announced it would commence sales of foreign exchange to...

CBN Suspends Forex Sales To BDCs Over Pandemic   The Central Bank of Nigeria has granted a two- week market holidays to the Bureaux De Change operators. This followed a request by the Association of Bureaux De Change Operators of Nigeria to the CBN for the regulator...

CBN Defends Naira With $8.28bn Forex Sales   THE Central Bank of Nigeria (CBN) defended the naira with $8.28bn through its direct intervention within the first six months of this year, according to its half year report. The amount was given to different segments of the inter-bank...