Naira falls to N1,035/$ in official market; ‘black market’ N1,235
In the forex rate today, Naira depreciated to N1,035.12/$ in the Nigerian Foreign Exchange Market. But it rose to N1,235 in the black market
![43 items CBN lifted forex restriction on [Full list]](https://cdn.vanguardngr.com/wp-content/uploads/2016/02/toothpick-e1456602864407.png?auto_optimize=low&width=250)
Manufacturers incur heavy losses as forex crisis, inflation bite harder
“Almost all raw materials, machinery, equipment and their spare parts used for production in Nigeria are imported”
ABCON seeks merger of BDCs not industry recapitalization — Gwadabe
The Association of Bureaux De Change Operators of Nigeria (ABCON) is pushing for mergers in the Bureaux De Change (BDC) sector, rather than recapitalization.
Naira appreciates at I & E window
The naira on Thursday gained against the dollar as it exchanged at N736.62 at the Investors and Exporters window.
CBN, banks working to clear backlogs of forex within 2 weeks – Acting gov, Shonubi
The Acting Governor of the Central Bank of Nigeria, CBN, Mr Folashodun Adebisi Shonubi has disclosed that banks and the apex bank are working assiduously to clear the backlog of foreign exchange in the country.
FG targets domiciliary accounts, Diaspora Nigerians’ funds
The administration of President Bola Tinubu is looking to attract funds held in domiciliary accounts and funds held by Nigerians abroad into massive investments in various sectors of the economy.
