In a recent Senate session, Urum Kalu Eke, the nominee from Abia State for a position on the Board of Directors of the Central Bank of...
A proposed bill aiming to restrict the tenure of the governor and deputy governors of the Central Bank of Nigeria (CBN) to a single non-renewable term...
In a notable shift, the Nigerian Naira witnessed a marginal depreciation against the US dollar on Tuesday, ending a trend of appreciation observed since last...
The Central Bank of Nigeria (CBN) has officially commenced the sale of foreign exchange, totaling $20,000, to eligible Bureau De Change (BDC) operators nationwide. The announcement...
In a bid to stabilize the naira-dollar exchange rate, the Central Bank of Nigeria (CBN) has successfully sold over $300 million to Deposit Money Banks (DMBs)...
The Central Bank of Nigeria (CBN) has rolled out revised regulatory guidelines for Bureau De Change (BDC) operations in the country. The circular, dated February 23,...
The Central Bank of Nigeria (CBN) has recently adjusted the methodology used for determining foreign exchange (FX) rates in the context of Customs duty on imports....
In a public lecture organized by the Nigerian Economic Society, Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, urged Nigerians to be patient...
In a bid to navigate the ongoing economic challenges, the Central Bank of Nigeria (CBN) has once again revised the exchange rate for cargo clearance, setting...
In defiance of the Federal Government’s crackdown on foreign exchange market speculators, the Nigerian naira continued its downward slide on Tuesday, particularly in the parallel market....