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...
After defaulting for several years, the Central Bank of Nigeria (CBN) has released the Consolidated Financial Statements for seven years, the first time it will do...
The naira dropped to a record low of N925/$1 on the parallel market on Wednesday as demand for foreign currency outweighed supply. According to traders, the...
The Association of Bureaux De Change Operators of Nigeria (ABCON) says Binance operations in the country are one of the major factors putting pressure on the...
