The Central Bank of Nigeria (CBN) has announced the commencement of a retail dollar auction to address the growing unmet foreign exchange (forex) demand. This move...
The Nigerian Senate has passed a bill amending the Central Bank of Nigeria (CBN) Act to allow the federal government to double its Ways and Means...
Nigerian foreign investments surged following the Central Bank of Nigeria’s (CBN) recent bank recapitalisation program. The CBN Governor, Olayemi Cardoso, stated this during an event in...
The Nigerian financial sector is in turmoil as bankers and economic experts raised alarms over the proposed 70 percent foreign exchange (forex) windfall tax on banks...
The Central Bank of Nigeria (CBN) has implemented a significant adjustment to its borrowing rates. The move, which follows the CBN’s recent decision to adjust the...
Foreign exchange inflows into Nigeria surged by 38.86% to $1.07 billion in the first quarter of 2024, according to the Central Bank of Nigeria’s (CBN) latest...
The Central Bank of Nigeria (CBN) has resumed the sale of foreign exchange to eligible Bureau De Change (BDC) operators. The decision was after Naira dipped...
The Central Bank of Nigeria (CBN) has dismissed the top management team of the Nigerian Security Printing and Minting Plc (NSPM), appointing Abubakar Sule Minjibir as...
The Central Bank of Nigeria (CBN) has announced plans to double diaspora remittance flows to $39 billion by 2025. CBN Governor Olayemi Cardoso unveiled this plan...
Nigeria’s foreign reserves climbed to $35.05 billion as of Monday, according to the latest data from the Central Bank of Nigeria (CBN). This represents a significant...