Naira Rises To N1,493/$ In Official Market
The Naira appreciated to N1,493 in the official foreign exchange market on Thursday.
Data from the Central Bank of Nigeria…
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Nigeria’s inflation rate could have hit 42.81% in December 2024…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the apex bank’s “decisive policy interventions”…
CBN to begin payment of forex backlog
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the completion of forensic verification for…
CBN waives 2025 license renewal fee for BDC operators natinwide
The Central Bank of Nigeria (CBN) has waived the 2025 licence renewal fee for all bureaux de change (BDC) operators.
On Friday,…
CBN approves release of FX Code
The Central Bank of Nigeria (CBN) has announced its approval of the Nigerian Foreign Exchange (FX) Code.
In a statement, the…
CBN speaks on ‘gains’ of fiscal, monetary reforms; projects…
The Central Bank of Nigeria (CBN) has said the fiscal, monetary reforms embarked upon by the President Bola Tinubu-led Federal…
CBN unveils digital solutions to reduce cash-based transactions for MDAs
The Central Bank of Nigeria (CBN) has unveiled two digital solutions to further drive the Federal Government's cashless…
CBN fines nine Banks for failing to distribute Cash at ATMs
In a strong stance against cash flow disruptions, the Central Bank of Nigeria (CBN) has penalised Deposit Money Banks (DMBs) for…
CBN halts export proceeds repatriation extensions
The Central Bank of Nigeria (CBN) has announced the immediate suspension of approvals for extending the repatriation period of…
Net forex inflows rises to $4692bn – CBN
According to data from the Central Bank of Nigeria (CBN), net foreign exchange (FX) inflows into the economy increased by 65.7%…