The Central Bank of Nigeria (CBN) says the recent estimate of the country’s foreign exchange (FX) reserves by JP Morgan was presented “out of...
The Association of Bureau De Change Operators of Nigeria (ABCON), says further clarifications on BDCs’ roles in the I&E window will help eliminate or...
The exchange rate between the naira and the dollar plummeted to N900/$1 on the black market, based on quotes by operators on Tuesday. This...
Nigeria’s currency in circulation recorded a decline in July 2023, according to the latest data from the Central Bank of Nigeria (CBN) The data...
President of Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadebe has advised the Central Bank of Nigeria (CBN) to immediately leverage...
Acting governor of the Central Bank of Nigeria (CBN) Fola Shonubi says the apex bank has come up with a yet-to-be-announced policy that will...
The Central Bank of Nigeria (CBN) has threatened to sanction banks engaging in illegal sales of foreign exchange as the Naira crashed to an all-time low of N950...
The Central Bank of Nigeria (CBN) has stopped banks from writing off loans extended to their directors and associates without its approval. The directive is contained...
Economic experts in the country have expressed dismay following reports of the $15 billion foreign debts allegedly accumulated by the Central Bank of Nigeria (CBN) during...
The exchange rate between the naira and dollar closed a tumultuous week quoting as high as N955/$1 on the black market. This is according...
