The Central Bank of Nigeria (CBN) has announced a further decrease in the exchange rate used to calculate import duties at seaports. This reduction...
Data from the Nigerian Exchange (NGX) reveals that foreign participation in the Nigerian equities market dropped to 8.15% in January 2024, a decline compared...
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change (BDC) operators in the country. The CBN’s Acting Director...
The Central Bank, through Nigerian banks, has recently sent out notifications urging customers to link their National Identification Number (NIN) and Bank Verification Number...
The Central Bank of Nigeria (CBN) has assured that the remainder of banks’ FX backlogs would be cleared in the next few days. The governor of...
The Central Bank of Nigeria (CBN) is working with the International Monetary Fund (IMF) to establish a comprehensive framework to address volatility in the...
Amazing Pictures LTD, the pioneering art company known for its innovative pop-up galleries, is delighted to announce its launch in the UK, with a...
In a move to stabilize the naira and narrow the gap between the official and unofficial foreign exchange rates The Central Bank of Nigeria...
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 18.75 percent...
The recent decline in the Naira’s value across official and parallel markets has prompted suggestions from financial experts to mitigate currency volatility and prevent further depreciation....
