Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...
The naira on Tuesday closed flat across foreign exchange (FX) markets following reduced demand and improved liquidity as the ...
Banks borrowing from the Central Bank of Nigeria (CBN) declined significantly by 43.76 per cent month on month, while ...
Banks have reportedly borrowed N8.2trn from the CBN in January 2025 to tackle liquidity challenges and boost lending to the ...
The Punch on MSN3d
CBN extends $25,000 weekly forex sales to BDCsThe circular read, “We refer to our circular TED/FEM/PUB/FPC/001/030 dated December 19, 2024, which granted temporary access ...
Nigerian Tribune on MSN2d
Naira crumbles as CBN extends FX sales deadlineThe apex bank on Tuesday, January 28, in Abuja, approved waivers on the 2025 annual license renewal fee for all existing BDC ...
The Central Bank of Nigeria (CBN) has increased the exchange rate for clearing goods at the nation's ports as Nigeria Customs ...
Commercial and merchant banks increased their deposits to CBN by 627.17%, amounting to N9.39 trillion in January 2025, ...
Legit on MSN1d
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 naira appreciated further in the parallel market, popularly called black market, on Thursday, a day after the Central ...
Nigerian banks borrowed N8.2 trillion from the Central Bank of Nigeria (CBN) in January 2025 to address liquidity challenges.
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