CBN extends FX sales to BDCs until May 30th to address retail demand, aiming to stabilize the foreign exchange market.

The naira on Tuesday closed flat across foreign exchange (FX) markets following reduced demand and improved liquidity as the ...

Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has asked the Federal Capital Territory (FCT) High Court in ...

Nigeria’s external reserves decreased by about $1.19billion in just three weeks and five days. According to data from the CBN ...

Nigerian banks have successfully raised N1.7 trillion in the first phase of the Central Bank of Nigeria's recapitalization ...

The Association of Bureau de Change Operators of Nigeria (ABCON) has commended the Central Bank of Nigeria (CBN) for ...

As banks are geared up to meet the new CBN requirements, analysts expect that a few banks may consider downgrading their ...

The apex bank launched a new FX Code to boost liquidity and transparency, warning banks and traders of dire consequences if ...

The benefits of increased soybean production extend beyond the agricultural sector; they have significant implications for ...

The Senate has threatened to issue arrest warrants against heads of key revenue agencies and the IGP for ignoring summons.

For consistently ignoring its summons to appear before it, the Senate has threatened Chief Executive Officers of certain ...

The Central Bank of Nigeria (CBN) has opened a window for next of kin, legal guardians and other beneficiaries to claim funds ...