The Central Bank of Nigeria (CBN) on Sunday said that it had disbursed about $61.64 million to foreign airlines through various Deposit Money Banks (DMBs) in…
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Cryptocurrency: Nigeria’s Apex Bank Lifts 2-Year Ban
The Central Bank of Nigeria (CBN) on Thursday, conveyed optimism regarding the country’s 2024 domestic economic prospects. The apex bank said there will be substantial relief…
Nigeria’s forex crisis is far from over as Naira sold for over N1,000 to a dollar at the parallel market.
President Bola Tinubu has ordered top security agencies in the country to take all necessary measures to recover the huge amount of government money from the…
Following the most recent liberalisation of foreign exchange rates by the Central Bank of Nigeria (CBN), oil marketers in Nigeria have increased their efforts to import…
President Bola Tinubu has appointed Folashodun Adebisi Shonubi as the acting Governor of Central Bank of Nigeria. Shonubi’s appointment comes after the suspension of Godwin Emefiele…
With the Supreme Court decision prolonging the legal tender status of the old naira notes through December 31, 2023, stakeholders in the financial sector and banks…
The Independent National Electoral Commission (INEC) has disclosed that it has taken possession of a “substantial part” of the cash it requested of the Central Bank…
Governor of the Central Bank of Nigeria, Godwin Emefiele, has disclosed that commercial banks must accept the old Naira notes even after the expiration of the…