Again, CBN sales forex to BDCs at N1,021/$
The Nigerian Central Bank has started selling foreign currency to Bureau De Change operators again.
The apex…
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Cbn
Fresh $600m infused into Nigeria’s FX reserves amidst Naira appreciation
Olayemi Cardoso, the governor of the Central Bank of Nigeria, reports that Nigeria's foreign reserves have…
Central Bank of Nigeria sacks 50 more employees
According to Daily Trust, the Central Bank of Nigeria (CBN) fired fifty more employees on Monday, adding to the…
Banks handed three-month deadline to stop forex-backed loans
With the release of a new circular on Monday, the Central Bank of Nigeria intensified its efforts to increase…
CBN suspends Naira loan collateral denominated in foreign currencies
The Nigerian Central Bank (CBN) has made it illegal for any bank in the country to accept foreign currency as…
CBN fires another 40 Staff in fresh shake off
In keeping with its continuous reorganization, the Central Bank of Nigeria (CBN) has dismissed a new group of 40…
BREAKING: Again, CBN sells $10,000 at N1,101/$ to BDCs
The selling of dollars to Bureau De Change operators has once again been confirmed by the Central Bank of Nigeria.…
Q1: Naira soars as foreign reserves increase by $1.04 billion
The naira has regained one-fifth of its value in the last five weeks, with strong foreign exchange inflows boosting…
GT Banks, FCMB, 11 other banks need N3.31trn to meet CBN threshold
The Central Bank of Nigeria (CBN) has increased capital requirements for commercial banks, and 13 lenders are…
BREAKING: Nigerian economy has recorded over $1.5bn inflows: CBN
The Central Bank of Nigeria reported an influx of more than $1.5 billion into the economy during the last several…