The naira has made a remarkable recovery, gaining 34 per cent since mid-March after losing 43 per cent of its…
Browsing: CBN
The naira’s surge since late March which had made it the best-performing currency in the world came to a stop…
The Evangelical Church Winning All (ECWA) expressed its appreciation for the Central Bank of Nigeria (CBN) and its effective monetary…
Data demonstrating the Central Bank of Nigeria’s (CBN) seldom involvement in the foreign exchange market demonstrate that the CBN is…
The Central Bank of Nigeria’s (CBN) decision to sell dollars to Bureau De Change (BDC) operators below market rate has…
The Central Bank of Nigeria’s (CBN) Director of Financial Policy & Regulatory Department, Haruna B. Mustafa, has given explanations for…
Hello and welcome! In today’s trending news stories; 1. Nigeria’s President Tinubu has initiated the distribution of 42,000 metric tonnes…
The Central Bank of Nigeria has directed all banks in Nigeria to stop the use of foreign currencies as collateral…
In a move indicative of its ongoing restructuring agenda, the Central Bank of Nigeria (CBN) has proceeded with the termination…
Hello and welcome! In today’s trending news stories; 1. The Edo State House of Assembly impeached Deputy Governor Comrade Philip…
Former Governor of the Central Bank Of Nigeria, Godwin Emefiele, has arrived at the Ikeja State High Court in Lagos…
KPMG has asserted that Nigeria must tackle the foundational supply-side constraints fueling cost-push inflation; otherwise, the efficacy of the Central…
Treasury bills valued at N1.64 trillion were up for auction by the Central Bank of Nigeria (CBN). The higher stop…
Limits on trade and payment services transactions on the Pan African Payment and Settlement System (PAPSS) have been lifted by…
The clearing of a $7 billion foreign exchange (FX) backlog by the Central Bank of Nigeria (CBN) has been praised…
Nigeria is blessed with vast natural resources and rich environments. It is generously endowed with productive land and valuable natural…
The head of the Central Bank of Nigeria, Yemi Cardoso, said that law enforcers are looking into foreign exchange deals…
Hello and welcome! In today’s trending news stories; 1. A counter-insurgency expert and security analyst, Zagazola Makama, shared a viral…
The Central Bank of Nigeria (CBN) sold dollars to the Bureau De Change (BDC) Operators for N1,251, which resulted in…
Expectations are strong that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) would announce another rate…
It seems the dream for the actualization of the Anambra Central Fish village, located at Adazi Nnukwu in Anaocha Council…
Nigeria’s naira strengthened on Thursday at the official foreign exchange market, reaching a two-month high of N1,382.35 per dollar. This…
The Central Bank of Nigeria (CBN) said on Wednesday that it had finally paid off all legitimate foreign exchange backlogs,…
Since the Central Bank of Nigeria (CBN) cleared all foreign currency (FX) backlog, the value of the naira has steadily…
With an estimated N10.3 trillion in funding, the Central Bank of Nigeria’s Intervention Funds Programme has a 75.8% repayment record.…
The naira strengthened to N1,572.86 per dollar on the official market on Monday, following N1,602.75/$1 on Friday, signaling a…
Last week, we read how the signs are not looking good for a nation like ours that wants to be…
To the chagrin of many citizens of Nigeria, President Bola Ahmed Tinubu’s administration, like his predecessor’s, constantly demonises the previous…
The Federal Capital Territory (FCT) High Court in Abuja was informed on Monday by Michael Agboro, an investigator with the…
The currency rate used by Customs to determine tariffs at seaports was lowered to N1,544.511/$, but it was reviewed upward…