The CBN Governor, Yemi Cardoso expressed his concerns about the impact of previous Monetary Policy Committee (MPC) meetings. Cardoso, who disclosed this during an interview on...
The Central Bank of Nigeria (CBN) has restricted the operations of international money transfer operators (IMTOs) to only inbound transfers, stopping outbound transfers. This implies that...
The Federal Government, on Saturday, said the report that it plans to convert the $30 billion foreign exchange in depositors’ domiciliary accounts to Naira, was an...
The Central Bank of Nigeria (CBN) has removed the allowable limit of exchange rate quoted by the International Money Transfer Operators (IMTOs). The CBN’s Director of...
The Central Bank of Nigeria (CBN) has ordered commercial banks in the country to sell all excess dollars within their domains latest today, 1...
The Central Bank of Nigeria (CBN) has warned authorized dealers to ensure that transactions in the forex market are conducted transparently and any form...
The Central Bank of Nigeria (CBN) has reiterated its commitment towards settling all legitimate foreign exchange backlogs within a short time frame. To this...
The Central Bank of Nigeria (CBN), in its bid to clear the backlog of outstanding foreign exchange liabilities, has paid approximately USD 2.0 billion across various...
Market analysts have attributed the recent decline in the value of the naira against the dollar at both the official and parallel markets to...
A former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has backed the recent decision to relocate the apex bank’s key departments to...
