foreign exchange

The Economic and Financial Crimes Commission, EFCC has currently summoned some officials of the Dangote Group to Abuja to come along with detailed documents on foreign exchange transactions by the conglomerate covering the last nine years.…

Foreign currency dealers have complained to the Inspector-General of Police, Usman Baba, about their ordeals in the hands of operatives of the Economic and Financial Crimes Commission following the arrest of some of them. The dealers…

The Economic and Financial Crimes Commission on Tuesday carried out simultaneous operations against Bureau de Change operators in Abuja and Kano, as the Naira slumped to N857 to a dollar at the parallel market. It was gathered that the…

More international carriers are gearing to join the Emirates Airlines which announced, on Thursday, the suspension of its flight operations in Nigeria from September 1, 2022, our correspondents gathered. The British Airways has already…

The naira on Wednesday appreciated against the dollar at the Investors and Exporters window, exchanging at N429.38. The figure represented a gain of 0.16 per cent compared with the N430.67 it exchanged for the dollar on Tuesday. The…

The naira rebounded at the Investors and Exporters window on Wednesday, rising by 0.34 per cent against the dollar. Specifically, the naira exchanged at N429.20 per dollar compared with N430.67 it exchanged for the dollar on Tuesday.…

The Central Bank of Nigeria has threatened to arrest and prosecute Nigerians using naira to buy dollars. “For those taking money from banks to buy dollars, it is illegal to do so. If the security agencies hold you, you will know the…