Ahead of the CBN recapitalisation deadline, five commercial banks in Nigeria are looking to raise up to N1 trillion in ...

The Central Bank of Nigeria (CBN) has adjusted the Nigeria Customs exchange rates for cargo clearance at Nigeria's sea and ...

The naira has continued its gains against the US dollar in the official and black market windows, gaining N10 and N11 naira ...

The Central Bank of Nigeria says it is finalizing the verification process for the remaining $2.4 billion foreign exchange (FX) backlog.

Central Bank Governor Olayemi Cardoso has said that the year-long fx verification uncovered high level of unethical practices ...

Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Wednesday, announced that the Federal Government has cleared the ...

By Elizabeth Adegbesan A Central Bank of Nigeria, CBN, Survey report has shown that high bank charges, poor infrastructure, ...

By Arize Nwobu Central banks are at the heart of the economy and they evolve monetary policies to keep a nation’s currency and economy stable. But it has been observed that central banks are often ...

A significant majority of Nigerian households and businesses believe that the current inflation rate is high. This is according to ...

CBN Governor Cardoso has launched the Nigeria FX Code to enforce ethical practices, transparency, and governance in the FX ...

The FX Code is backed by the CBN Act of 2007 and the Banks and Other Financial Institutions Act (BOFIA) of 2020, which provide a robust legal framework for imposing sanctions on violators. Cardoso ...

NECA has commended the Central Bank of Nigeria for the launch of the Nigerian Foreign Exchange (FX) Code, describing it as a ...