Dollar to naira

Naira Appreciation Good But Unsustainable – Financial Experts

A chieftain of PDP and an engineer, Chief Emeka Charles Kalu, has said that the recent strengthening and appreciation of the Naira against the dollar was achieved as a result of efforts by the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), which raised its Monetary Policy Rate (MPR) to another 200 base point […]

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CBN announces the selling of dollars to eligible BDCs operators

The Central Bank of Nigeria (CBN) has announced its decision to start selling foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country. The development came three years after Godwin Emefiele, the former CBN governor, announced the suspension of foreign exchange sales to BDC operators. The apex bank unveiled this in

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