There is mounting evidence suggesting that commercial banks and merchant banks in Nigeria have increasingly turned to the Central Bank of Nigeria (CBN) for liquidity, with...
Nigeria’s foreign reserves declined by $915 million following the Central Bank of Nigeria’s (CBN) decision to officially adopt a floating exchange rate system and liberalize the...
In a recent interview on Africa Independent Television (AIT), Hassan Mahmud, the Director of the Monetary Policy Department at the Central Bank of Nigeria (CBN), responded...
A confidential communication from the Central Bank of Nigeria (CBN) to a prominent commercial Bank Plc has surfaced, shedding light on a decisive directive issued by...
In a financial disclosure recently released by the Central Bank of Nigeria (CBN), it has been revealed that a total of N74.84 billion was expended by...
The Central Bank of Nigeria (CBN) has played a pivotal role in bolstering the mortgage banking sector by disbursing loans and advances amounting to N37.6 billion,...
Renowned human rights lawyer Femi Falana has launched legal action against the Central Bank of Nigeria (CBN) over its recent decision to float the Naira currency....
The Central Bank of Nigeria has unveiled a new foreign exchange price verification system tailored to facilitate importer access to forex. The announcement was made by...
The exchange rate of the Nigerian naira improved against the United States Dollar to N790 from N925 it was sold on the black market on Tuesday....
As the Nigerian naira continues its downward trajectory, sparking concerns over currency speculation and round-tripping, the acting Governor of the Central Bank of Nigeria (CBN), Mr....