The Central Bank of Nigeria has highlighted some of the factors pushing up inflation rate across the globe, citing the ongoing war between Russia...
Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), has asked a federal high court in Lagos to restrain the federal government...
The exchange rate between the naira and dollar was quoted for as high as N895/$1 on the black market, the weakest in history. A...
The Central Bank of Nigeria (CBN) on Monday removed primary mortgage banks and microfinance banks from its cash withdrawal limit policy. The apex bank...
Nigerian banks are struggling to meet the demand of Personal Travel Allowances amidst dollar scarcity, leading to rationing of forex supplies and leaving many customers in...
The value of the naira decreased by 3.85 per cent in the Investors’ and Exporters’ window on Thursday, as the dollar gained against the...
The Central Bank of Nigeria (CBN) has ordered banks to unfreeze the accounts of foreign exchange investment, cryptocurrency and Bureau De Change companies. In...
Acting CBN Governor Fola Shonubi admitted on Tuesday that supply-demand imbalances are fueling current volatility in Nigeria’s exchange rates. In a press briefing following...
In the Investors’ and Exporters’ window of the official market, the price of the dollar depreciated slightly to N791.42/$1, from Monday’s N792.04/$1 as the...
More than a month after the Central Bank of Nigeria (CBN) floated the Naira at the forex market, the country’s market for exchange-traded futures...
