CBN boost the FX market with $122.67m sales to BDCs
The Central Bank of Nigeria has made an important step towards stabilizing…
Nigeria addressing consequences of N27tn Ways and Means — Cardoso
The governor of the Central Bank of Nigeria, Yemi Cardoso has stated…
Nigerian cash held outside banks hits N3.71trn in May 2024
The amount of currency held outside the country’s banking system has surged…
Nigeria’s external reserves rise to $34.66bn, highest in 13 months
Nigeria's overseas reserves have risen again, this time by $1.88 billion to…
CBN to cut down rate hikes soon – Cardoso
The Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso has…
Demand deposits surges N29.67tn in May – CBN
Demand deposits have jumped by 206.83 per cent from N9.67tn in May…
CBN threatens sanction on banks, BDCs rejecting old, small dollar bill
The Central Bank of Nigeria has issued a harsh warning to Deposit…
Nigeria’s FX reserve rise to $34.14bn
Nigeria's reserves continued to rise, reaching $34.14 billion on Friday, up 4.06…
Banks to deposit excess FX in CBN Lagos, Abuja offices
The Central Bank of Nigeria on Friday published updated guidelines for Deposit…
FG raises N284b in treasury bills auction
The Federal Government, through the Central Bank of Nigeria, raised a total…
CBN stops FX price verification portal for importers
The Central Bank of Nigeria has announced that the foreign exchange price…
CBN record $172m rise in diaspora remittance one month
The Central Bank of Nigeria recorded a $172 million rise in direct…