The National Assembly has made progress with a proposal that could increase the Central Bank of Nigeria’s (CBN) capital base to a staggering N1 trillion. This…
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The Central Bank of Nigeria (CBN) claims its current reforms will control increasing inflation and eliminate anomalies in the foreign exchange market. On Tuesday in Abuja,…
The Central Bank of Nigeria has announced plans to offer foreign exchange worth $20,000 to any eligible Bureau De Change operator in the country. This comes…
The Central Bank of Nigeria (CBN) plans to introduce stringent measures on the purchase of foreign currencies through Bureau De Change (BDC) operators, with a specific…
The senate this afternoon has approved the appointment of the 12 member CBN monetary policy committee sent earlier by President Bola Tinubu. The Senate’s confirmation follows…
In fact, what you are about to read is a two-pronged response to a two-pronged attack on President Bola Ahmed Tinubu by two notable Northern leaders.…
The Central Bank of Nigeria (CBN) has prohibited international oil corporations from repatriating their whole foreign exchange revenues to their parent companies overseas at once.According to…
Wife of embattled former Governor, Central Bank of Nigeria (CBN) Godwin Emefiele has been declared wanted by the Economic and Financial Crimes Commission (EFCC), along with…
The Central Bank of Nigeria (CBN) has disclosed its plan to introduce a new FCY Gateway bank with a single foreign currency to ease the country’s…
The Central Bank of Nigeria (CBN) is discontinuing the daily debits for Cash Reserve Requirement (CRR) and adopting an updated mechanism, marking a significant move amid…