In a landmark ruling, the Federal High Court has ordered the temporary forfeiture of assets linked to former Central Bank…
Browsing: Central Bank of Nigeria
The Central Bank of Nigeria (CBN) has announced a significant surge in foreign exchange (FX) inflows in the first quarter…
The Central Bank of Nigeria’s (CBN) third consecutive benchmark interest rate increase has sent shockwaves through the economy, leaving borrowers…
In a surprising move, Nigeria’s Central Bank (CBN) has told four big fintech companies to stop adding new customers for…
The Central Bank of Nigeria has written to all banks in Nigeria to stop the use of foreign currencies as…
Governor Yemi Cardoso’s tenure at the Central Bank of Nigeria (CBN) has been marked by a steadfast commitment to economic…
The Central Bank of Nigeria (CBN) on Wednesday announced that it has cleared all verified claims in the $7 billion…
The current exchange rate in Nigeria’s official market stands at N1,560.57 for one US dollar, indicating a strengthening naira attributed…
The naira, on Wednesday, appreciated to N1,570 at the unofficial foreign exchange (FX) market from the N1,600 it traded…
The Central Bank of Nigeria (CBN) has revoked the operating licenses of 4,173 Bureau De Change operators in Nigeria. This…