Dollars

CBN crashes dollar rate with new sales to BDCs

The Central Bank of Nigeria (CBN) has announced continued dollar sales to Bureau De...

Naira hits N860 at black market, a blow to moves to unify exchange rates

The naira fell to its lowest on the parallel market on Wednesday, trading at...

CBN to pay raw material exporters for bringing back dollars

Nigeria is expanding its incentives to new sectors to boost exports and dollar inflow...

Banks BTA cut reveals Nigeria’s forex trouble as reserves hit 17-month low

Major Nigerian banks have announced cuts in personal travel allowance and business travel allowance...