The federal government has sanctioned six individuals and three bureau de change firms over alleged terrorism financing, giving fresh directives to banks.
The US has listed three Nigerian BDCs and an operator among entities accused of helping ISIS move funds across borders through financial networks.
The group chief executive officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has asked Nigerians to get ready to buy the company's shares.
Foreign airlines explained that their repatriate trapped funds from the sale of plane ticket remains unattended because they cannot exchange FX at I and E window.
The richest man in Nigeria, Aliko Dangote, continues to grow his wealth every day despite the impact of the naira depreciation on his dollar wealth in recent weeks.
Despite claims by the CBN that it has successfully fulfilled all outstanding foreign exchange obligations, international airlines maintain that nothing has changed
The Australian government has implemented tougher immigration rules to stop Nigerians and other international students from relocating to the country.
The Central Bank of Nigeria said it has finally cleared the entire foreign exchange backlog, a development that will boost naira's value against the dollar.
Barrister Segun Anigioro, a Lagos based legal practitioner, explains what the law says on bank customers next action after receiving funds from an unknown source.
Due to speculators selling off their hard currency holdings, the foreign exchange market is now in a buyer's market, and a N1,300 rebound for the naira is possible.
The Nigerian currency has once again improved against the US dollar in the foreign exchange markets, signaling the effectiveness of the CBN recent polices.
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