Browsing: CBN

Nigeria’s Central Bank has moved to quell growing concerns about the status of old naira notes, confirming that both old…

The Central Bank of Nigeria (CBN) has withdrawn its recently published Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for…

Boosting FX Liquidity The Central Bank of Nigeria (CBN) has injected a significant sum of $876.26 million into the foreign…

Strategic Initiatives to Reinforce Nigeria’s Foreign Exchange Market In a significant development aimed at enhancing Nigeria’s economic landscape, the Central…

Clarifying the Reserve Usage Importantly, Cardoso made it clear that the recent depletion in reserves is not linked to efforts…

The Nigerian currency, the Naira, has seen an unprecedented appreciation against the US Dollar, reaching rates not seen in over…

A High-Profile Case Unfolds The Economic and Financial Crimes Commission (EFCC) of Nigeria is set to arraign Binance Holdings Limited,…

The Central Bank of Nigeria (CBN) has significantly adjusted the financial thresholds within the banking sector, marking a robust stride…

March 24, 2024 – In a recent disclosure, it has come to light that 31 state governments in Nigeria are…

In a significant move aimed at restoring faith in Nigeria’s economic stability, the Central Bank of Nigeria (CBN) has successfully…