In a bid to mitigate the continuous depreciation of the naira against the dollar, the Central Bank of Nigeria (CBN) has injected over $300 million into...
The Central Bank of Nigeria (CBN) has unveiled new foreign exchange (FX) sales limits for Bureau De Change (BDC) operators, setting a $4,000 cap for Personal...
The Central Bank of Nigeria (CBN) has announced plans to reinstate its weekly intervention in the foreign exchange (forex) market through Bureau de Change (BDC) operators....
The Nigerian Senate has embarked on a comprehensive investigation into the disbursement and utilization of the N30 trillion Ways and Means loans obtained by the Central...
Tunde Rahman, a senior aide to Nigerian President Bola Tinubu, has said Central Bank of Nigeria (CBN) Governor Olayemi Cardoso must start factoring in the political...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, remains resolute in his optimism about the Nigerian economy despite the prevailing economic challenges. His...
The Central Bank of Nigeria (CBN)’s announcement of a new Foreign Currency Gateway Bank has stirred concerns over the liquidity of Nigerian banks, according to recent...
The Central Bank of Nigeria (CBN) has introduced new regulations mandating banks to implement automated transaction monitoring systems to combat the growing threat of fraud in...
To better manage foreign currency transactions and bolster the nation’s forex reserves, the Central Bank of Nigeria (CBN) has directed mandating Nigerian banks to pay international...
In a recent interactive session with the House of Representatives, Nigeria’s Finance Minister, Wale Edun, expressed confidence in the current state of the nation’s economy, asserting...