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

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

The Central Bank of Nigeria, CBN, on Monday released the Nigeria Foreign Exchange (FX) Code as the Naira appreciated against the dollar at the black market. The apex bank disclosed this in a ...

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 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 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) has issued a directive requiring market participants in the wholesale foreign exchange (FX) market to submit a self-assessment report on compliance with the newly ...

The Central Bank of Nigeria (CBN) has launched the Nigeria Foreign Exchange Code (FX Code) with a vision for a foreign exchange market built on integrity, fairness, transparency and efficiency ...

The Central Bank of Nigeria has said that without its policy interventions, inflation could have surged to 42.81 per cent by December 2024. It also projected that diaspora remittances would rise ...

The Central Bank of Nigeria has directed participants in the foreign exchange market to submit compliance reports on adherence to the Nigeria FX Code by January 31, 2025. The directive is part of ...

According to the CBN governor, Olayemi Cardoso, the review of the eNaira will identify and address key barriers to adoption, with a focus on fostering trust, usability, and widespread acceptance ...