Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...
Banks borrowing from the Central Bank of Nigeria (CBN) declined significantly by 43.76 per cent month on month, while ...
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Nigeria’s FX Reserves Depreciate by $1.19 Billion Amid CBN’s Move to Defend Naira, Service DebtsNigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...
The Central Bank of Nigeria (CBN) has increased the exchange rate for clearing goods at the nation's ports as Nigeria Customs ...
The naira on Tuesday closed flat across foreign exchange (FX) markets following reduced demand and improved liquidity as the ...
Commercial and merchant banks increased their deposits to CBN by 627.17%, amounting to N9.39 trillion in January 2025, ...
The value of the Nigerian naira continued to decline, reaching N1,500 per U.S. dollar in the official currency market on Thursday.
Banks have reportedly borrowed N8.2trn from the CBN in January 2025 to tackle liquidity challenges and boost lending to the ...
The naira on Tuesday appreciated further in the black market after the CBN released the FX Code and waived the 2025 annual ...
According to the Fraud and Forgeries Report in Nigerian Banks for the first quarter of 2024 by FITC, POS fraud cases surged by 31.12 per cent in Q1 2024. In Q4 2023, there were 2,683 reported cases of ...
The Naira has enjoyed stability against the dollar since December 2024 due to reforms by the Central Bank of Nigeria (CBN).
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the ...
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