Legit on MSN18h
Revealed: Why CBN threatened to revoke dealership licence banks, other FX traders
The Central Bank of Nigeria (CBN) has threatened to revoke the licences of banks and other foreign exchange traders, ...
Legit on MSN10h
See more as CBN increases exchange rate to clear goods at ports
The Central Bank of Nigeria (CBN) has increased the exchange rate for clearing goods at the nation's ports as Nigeria Customs ...
Daily Post Nigeria on MSN10h
CBN lists conditions for sale of FX to BDC operators
The Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, ...
Legit on MSN1d
Nigeria’s FX Reserves Depreciate by $1.19 Billion Amid CBN’s Move to Defend Naira, Service Debts
Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...
Legit on MSN19h
CBN Gives New Instructions Affecting Dollar Sale on Foreign Passport, BVN Transaction
All transactions involving end users' BVNs and dollar sales on foreign passports must be documented, according to new ...
businessday12h
Naira appreciates further after CBN’s new BDC directives
The naira appreciated further in the parallel market, popularly called black market, on Thursday, a day after the Central ...
TheCable21h
‘Purchase $25k weekly from one bank, render returns’ — CBN issues FX guidelines for BDCs
The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a ...
Vanguard1d
Forex Trading: CBN to suspend license of erring BDCs, banks
The Central Bank of Nigeria, CBN, yesterday, said it will suspend the dealership license of any Bureau de Change (BDC) or ...
Premium Times2d
How CBN, Agric ministry can collaborate to rescue naira
The benefits of increased soybean production extend beyond the agricultural sector; they have significant implications for ...
Nairametrics2d
Nigeria’s FX reserves fall by $1.16 billion in January as CBN boosts dollar sales to BDCs
Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...
Daily Post Nigeria on MSN2d
Nigeria’s external reserves drop by $1.19bn in 3 weeks
Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to ...
Nairametrics1d
Excess government spending poses biggest challenge to monetary policy in Nigeria – MPC member
Meanwhile, Ikeazor advocated for more decisive monetary policy actions to curb inflation and maintain economic stability. He noted that while monetary tightening has come at the expense of economic ...