The Association of Bureau De Change Operators of Nigeria (ABCON) on Thursday said it had sensitised its members and put in place key measures and actions...
Nigeria’s currency has continued to depreciate at the forward market, amidst growing concerns that the Central Bank of Nigeria (CBN) might have to devalue the naira...
Naira depreciated against the US dollar on Monday morning to stand at $1/N385 compared to $1/N367 recorded on Friday evening. The currency against the Pounds Sterling...
The Central Bank of Nigeria (CBN) sold dollars to banks at N380/$1, the highest official exchange rate between the dollar and naira in over two years...
The Central Bank of Nigeria (CBN) is contemplating a downward review of the lending rate as a buffer against the current economic austerity occasioned by the...
Founder of IBTC Holdings Plc, Atedo Peterside, has rejected the Central Bank of Nigeria (CBN) invitation to a forum in protest of the dethronement and banishment...
The Central Bank of Nigeria (CBN) at the weekend said it will go to any length to recover any loan by entrepreneurs who refused to pay...
Cost of funds is expected to remain in the lower single digit level while the Central Bank of Nigeria (CBN) is expected to sustain liquidity mop...
The Central Bank of Nigeria (CBN) has formally clarified issues surrounding the operations of domiciliary accounts in Nigeria. Making the clarification in a chat with newsmen...
The Central Bank of Nigeria (CBN) has restricted the process of cash withdrawal of electronic transfer deposits made into domiciliary accounts. The apex bank disclosed in...