In a resounding statement of confidence in the Naira’s recent strength, the Association of Bureau de Change Operators of Nigeria (ABCON) has cautioned currency speculators about...
The Economic and Financial Crimes Commission (EFCC) has taken former Governor of the Central Bank of Nigeria, Godwin Emefiele, into custody as part of an ongoing...
The Central Bank of Nigeria (CBN) has taken a pivotal step to enhance transparency and consistency in the Nigerian Foreign Exchange (FX) market by renaming the...
The Central Bank of Nigeria (CBN) has announced that it will commence penalizing Deposit Money Banks (DMBs) whose equipment distorts images and data during the cheque...
The Central Bank of Nigeria (CBN) has granted Parallex Bank Limited the approval to collect Nigeria Export Supervision Scheme (NESS) fees. This noteworthy milestone was revealed...
The Central Bank of Nigeria (CBN) has announced the reversal of a 2015 circular that prohibited access to foreign exchange (FX) for 43 specific items. Isa...
Citigroup has called for the removal of foreign exchange restrictions on 43 items imposed by the Central Bank of Nigeria (CBN) as a critical step to...
In an effort to address Nigeria’s persistent foreign exchange liquidity crisis, Nairagram, a licensed International Money Transfer Operator, has announced a partnership with the Central Bank...
Dr. Tunde Lemo, a former Deputy Governor of the Central Bank of Nigeria, cautioned against the hasty implementation of a free-floating exchange rate for the Naira....
Naira on Tuesday gained 0.79 percent (N8) over the dollar as the foreign exchange (FX) resumed after the independence holiday. The market opened with the dollar...