GTCO Sells US Dollar At NGN480.96/$1 To Online Buyers
Editorial Staff Guaranty Trust Holding Company (now Guaranty Trust Bank) is selling US dollars to online buyers...
Forex
14 Requirements To Obtain Form M and Form Q For Your Importation Business
Opeyemi Quadri The importation business is a lucrative business in Nigeria, no wonder merchants make millions of...
5 Implications of Using 40 Percent of Forex For Fuel Importation in Nigeria
Nigeria is in a dire economic crisis as the country uses 40% of its foreign...
Estacode Per Night For Government Officials in Nigeria
What is an estacode? An estacode is a payment allowance paid to an official of the government...
History of Official Exchange Rate in Nigeria From Gowon Regime to Present
When Nigeria adopted the Naira as its currency on January 1, 1973, the US Dollar...
Names of Nigerians Who Bought Forex With Fake Visas And Their Account Details
On August 31, the Central Bank of Nigeria (CBN) said it discovered some Nigerians who...
10 Implications of Naira Depreciation in Nigeria
The depreciation of the Nigerian currency lately calls for worry, from N199/$1 at the time...
How Oniwinde Adedotun Founded Abokifx in Nigeria in 2014
The latest forex middleweight wrestling between the Central Bank of Nigeria (CBN) and abokifx.com isn’t...
43 Products Banned By Buhari From Accessing Forex
On June 23, 2015, less than a month after Muhammadu Buhari took an oath of...
CBN to Revoke Forex Operating Licence of Banks That Engage in Sharp Practices
The Central Bank of Nigeria (CBN) has vowed to revoke for a year the foreign...
Some Nigerians Use Fake Visas To Buy PTA and BTA – CBN, Vows To Expose Forex Defaulters
The Central Bank of Nigeria has confirmed that it is aware that some Nigerians used...
CBN Freezes Accounts of 18 Companies for Suspected Forex Violations
UPDATE: Almost two years after the bank accounts of some companies and individuals were frozen,...
Microfinance Banks That Trade In Forex To Lose Licence – CBN
Microfinance banks that trade in dollars, pound sterling, euro, and any other foreign currencies will...
CBN Freezes Accounts of 6 Forex Trading Platforms
UPDATE: Bank accounts of six forex trading companies that were frozen in 2021 have now...
3 Ways To Receive PTA Payments To GTCO Account in Nigeria
Commercial banks in Nigeria are seriously implementing the order of the Central Bank of Nigeria...