The Central Bank of Nigeria’s attention has been drawn to criminal and unlawful acts by some persons, parading as official CBN representatives on Twitter. This was...
The Nigeria Deposit Insurance Corporation says it has liquidated at least 500 deposit money, microfinance, and primary mortgage banks whose licences were revoked by the Central...
The prevalence of economy crisis and struggle in doing business which has significantly impacted the standard of living is now a cross-border reality. As an intervention,...
The naira has been facing consistent downslope for quite some time. On Thursday, it slides again to N575 despite assurances by the Central Bank of Nigeria...
The naira (N) prolonged its losses against the dollar at the parallel market on Thursday, closing at N530/$1 compared with N528 per dollar on Wednesday. This...
The Senate of Nigeria has accused Government Owned Enterprises of remitting below the appropriate funds into the federation account. On Wednesday, the Chairman of the Senate...
The external reserves of Nigeria rose by $500 million in one week, amounting the highest point in more than two months. This information is made available...
The foreign exchange supplied by the Central Bank of Nigeria (CBN) for the importation of food products into Nigeria rose to $1.04 billion in the first...
The Nigerian naira faintly clear-fell against the US dollar at parallel market on Tuesday, few hours the Central Bank of Nigeria (CBN) announced a nationwide stop...
The Central Bank of Nigeria (CBN) has banned the sales of foreign exchange (forex) to the Bureau De Change (BDCs) operators throughout the country. Godwin Emefiele,...