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 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...
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...
In an exclusive interview with Arise Television on Monday, Nigerian Central Bank Governor Olayemi Cardoso expressed optimism as Nigeria makes significant progress in clearing its backlog...
Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), made revelations about the status of outstanding foreign exchange (FX) claims and shed light...
In a bid to strengthen the oversight of financial transactions and enhance the stability of the foreign exchange market, the Central Bank of Nigeria (CBN) has...