Olayemi Cardoso, has warned banks and other forex traders of severe sanctions if they violate the new FX Code ...

The witness' testimony was anticipated to strengthen the charges against Mr Emefiele but appeared to contradict the core of the allegations and the plank of evidence of irregularities EFCC had built ...

Deposit Money Banks' liquidity deposits with CBN rOse by 627.17% to N9.39tn, reflecting improved financial stability in the ...

Olayemi Cardoso, Nigeria’s central bank governor has said the recent recovery of the naira could be tied to the various ...

The governor of the Central Bank of Nigeria (CBN) has said that the intervention of the monetary policy committee prevented ...

Commercial and merchant banks increased their deposits to CBN by 627.17%, amounting to N9.39 trillion in January 2025, ...

Central Bank of Nigeria (CBN) has reaffirmed its commitment to empowering young Nigerians by bridging financial access gaps, fostering innovation, and ensuring their active involvement in policy ...

Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...

Speaking at the Youth Action Event in Abuja on Friday, CBN Governor Olayemi Cardoso, represented by Deputy Governor Muhammad Sani Abdullahi, said the bank is committed to making sure young people ...

The Central Bank of Nigeria (CBN) has introduced the Nigeria Foreign Exchange Code (FX Code), aimed at fostering transparency ...

The verification procedure for the remaining $2.4 billion foreign exchange (FX) backlog is being completed, according to the Central Bank of Nigeria (CBN). Payments for legitimate claims are about ...