The Socio-Economic Rights and Accountability Project (SERAP) has taken legal action against the Central Bank of Nigeria (CBN) over what it describes as an unfair and…
Browsing: CBN
The Naira experienced a slight decline against the US dollar at both the official and parallel foreign exchange markets on Friday, marking its first drop in…
The Central Bank of Nigeria (CBN) has decided to keep the Monetary Policy Rate (MPR) at 27.50 percent, citing improvements in key economic indicators. CBN Governor…
The Naira has continued to gain value against the US dollar in the parallel foreign exchange market. On Wednesday, it appreciated to N1,505 per dollar, improving…
The naira surged beyond expectations, recording its strongest gain against the dollar in recent days at the parallel foreign exchange market. Reports from a Bureau de…
The Central Bank of Nigeria (CBN) has mandated all banks and financial institutions to publicly disclose details of dormant accounts, unclaimed funds, and other financial assets…
The Naira extended its gains against the dollar in both the parallel and official foreign exchange markets on Monday, continuing its upward trend. According to Bureau…
The Central Bank of Nigeria (CBN) has directed bank directors with non-performing insider-related loans to immediately step down. This decision is aimed at strengthening corporate governance…
The Central Bank of Nigeria (CBN) has issued a directive requiring commercial banks to comply with stricter limits on insider lending within 180 days or face…
The Naira has strengthened by N15 against the dollar in the parallel foreign exchange market over the past five days. A review of FX trends this…