The Central Bank of Nigeria has lifted the ban on importers of 43 items restricted from accessing foreign exchange on its official platform. It disclosed this...
The Central Bank of Nigeria has postponed the Monetary Policy Committee’s 293rd meeting, which was scheduled for Monday and Tuesday, September 25 and 26, 2023. This...
The Central Bank of Nigeria issued a directive instructing commercial banks on Monday to refrain from utilizing their foreign exchange revaluation gains for dividends and operational...
The Central Bank of Nigeria has introduced a foreign exchange price verification system designed for importers to have access to forex. The apex bank in a...
The Central Bank of Nigeria has said it is set to take new measures to stabilise the naira against the dollar. Acting Governor of the CBN,...
President Bola Tinubu has appointed Jim Obazee, former chief executive officer of the Financial Reporting Council of Nigeria, as a special investigator. The special investigator to...
The Central Bank of Nigeria has reaffirmed its commitment to gradually phase out the old N200, N500, and N1,000 naira notes while issuing new currencies. This...
The Central Bank of Nigeria (CBN) has declared the inclusion of the naira, the country’s legal tender, as a payout option for diaspora remittances. The apex...
The Central Bank of Nigeria has mandated Financial Institutions to obtain the social media handle, e-mail addresses, telephone numbers, residential addresses, and more of their customers....
The Central Bank of Nigeria (CBN) has announced that cash deposits into domiciliary accounts will no longer be restricted. The statement by the apex bank came...
There are indications that the Central Bank of Nigeria, CBN has directed banks to trade foreign exchange at any exchange rate in the Investors & Exporters...
The Department of State Services has revealed that the suspended Governor of the Central Bank of Nigeria, Godwin Emefiele, is now in its custody. This was...
The Central Bank of Nigeria has debunked the claim that the it has devalued the naira. A statement signed by Acting Director, Corporate Communications, Isah AbdulMumin,...
The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the...
Naira has reportedly been devalued by the Central Bank of Nigeria to N640 to a dollar, from N461.6 sold at the Importers and Exporters (I&E) window...