Nigeria’s FX reserves have dropped by $832.62 million in two weeks – between January 6 and January 21, hurting the country’s ...

CBN on Friday released its Purchasing Managers Index (PMI) for December 2024, revealing that economic activities experienced ...

This department will be inward-facing and outward-facing as well. The department will be functional by the end of February, ...

Commercial Banks have commenced the enforcement of daily and weekly withdrawal limits of N100,000 and N500,000 ordered by the ...

CBN Governor Olayemi Cardoso, emphasized the bank’s focus on three key pillars: price stability, financial system resilience, ...

The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...

The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the ...

The Central Bank of Nigeria (CBN) has officially approved the release of the Nigerian Foreign Exchange (FX) Code, a move ...

The Central Bank of Nigeria, CBN, has approved the release of the Nigerian Foreign Exchange, FX Code. According to the apex ...

The CBN and NCC aim to resolve the USSD debt issue through the outlined measures, ensuring a balance between the interests of ...

IN SHORT: Several photos have been posted on social media with the claim that they show an attack on Nigeria's central bank. However, the images were generated using social media platform X's ...

The Central Bank of Nigeria (CBN) says it will launch the Nigerian foreign exchange (FX) code as a guideline to promote the conduct of authorised dealers in the forex market.