Fact about the alleged N5,000 new note with the image of President Bola Tinubu on it has emerged. The note was allegedly ...

Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

The Nigeria Export Promotion Council, NEPC, has confirmed that the Central Bank of Nigeria, CBN, has approved CFA Franc to be captured on Nigeria Export Proceeds, NXP, forms for the repatriation ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the completion of forensic verification to clear all pending foreign exchange backlogs, with payments set to commence ...

The Central Bank of Nigeria (CBN) said it has suspended the extension of approvals for the extension of export proceeds repatriation on behalf of exporters, taking effect from Wednesday ...

The Central Bank of Nigeria, CBN, yesterday released the Nigeria Foreign Exchange (FX) Code in a bid to mitigate risks following various positive transformations in the country’s financial ...

The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) with a cumulative fine of ₦1.35 billion for failing to dispense naira notes through Automated Teller Machines ...

The Central Bank of Nigeria, CBN, has temporarily permitted Bureau de Change, BDC, operators to purchase up to $25,000 weekly in foreign exchange, FX, from the Nigerian Foreign Exchange Market ...

The Central Bank of Nigeria has announced the introduction of two new financial products designed to serve Nigerians living abroad. The Non-Resident Nigerian Ordinary Account and the Non-Resident ...

The Central Bank of Nigeria has suspended approvals for the extension of export proceeds repatriation on behalf of exporters, effective immediately. This directive, issued via a circular dated ...