Naira4dollar scheme

Importation

CBN Governor blows hot, threatens ban on defaulters of 41 items

CBN Governor blows hot, threatens ban on defaulters of 41 items CBN Governor Godwin Emefiele has warned individuals and organizations who are sourcing Forex for the importation of 41 banned items not eligible for Foreign exchange to desist from doing… Continue Reading…

Business promotion

Importation

Banks, Companies who abuse Forex should be sanctioned- Sen Uzodinma.

Banks, Companies who abuse Forex should be sanctioned- Sen Uzodinma. Federal government should blacklist and sanction companies and Banks found culpable of foreign exchange abuse, said chairman of the Senate Committee on Custom, Exercise and Tariffs, Senator Hope Uzodinma while… Continue Reading…

small business loan

Importation

CBN Intervention: Apex Bank injects $339.89m into forex market

CBN Intervention: Apex Bank injects $339.89m into forex market. The Central Bank of Nigeria (CBN) can confirm it has injectedĀ  $339.89 million into the forex market to further enhance sustainability of its proposed intervention in the Retail Secondary Market Intervention… Continue Reading…

Banking

How to source foreign exchange in Nigeria

How to source foreign exchange in Nigeria. The paucity of foreign exchange in Nigeria banking industry is gradually becoming a thing of the past as CBN is doing much more to stabilize the economy and as well regulate the rate… Continue Reading…

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