NAFEM Records Sharp Decline in Dollar Sales, Naira Depreciates Amid Forex Market Challenges
The Nigeria Autonomous Foreign Exchange Market (NAFEM) witnessed a notable downturn in dollar sales on Friday, with transactions plummeting by ...
Tag: FOREX MARKET
CBN Governor Unveils $2.4 Billion Forex Scam, Deloitte Audit Exposes Irregularities
Governor Yemi Cardoso of the Central Bank of Nigeria (CBN) disclosed on Monday, January 5, 2024, that a staggering $2.4 ...
Nigerian Naira Posts Substantial Gain, Soars to N874.79 per Dollar in Forex Markets
The Nigerian naira has recorded a significant surge in the Nigerian Foreign Exchange Market (NAFEM), appreciating to N874.79 per dollar. ...
IGP Sues Former Senator Andy Uba and Two Others Over Alleged ₦400 Million Fraud
The Inspector-General of Police (IGP), Kayode Egbetokun, has filed a legal suit against former Senator Andy Uba, who represented Anambra...
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