The Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country. This...
The International Monetary Fund, IMF, says Nigeria’s foreign reserves dropped to a record low of $24 billion in 2024 from $33 billion last year. The IMF’s...
The recent move by the Central Bank of Nigeria, CBN, to further float the Naira in the foreign exchange market has raised mixed concerns in the...
The Central Bank of Nigeria has issued a new directive to all banks, other financial institutions, and non-bank financial institutions, suspending the processing charges previously imposed...
The Senate has confirmed the nomination of Dr. Olayemi Cardoso as the Governor of the Central Bank of Nigeria (CBN). Cardoso was screened alongside four nominees...
