The CBN has received plaudits from the Association of Bureau De Change Operators of Nigeria for exempting the operators from ...

The value of the naira was once again strong against the dollar in both the official and unofficial foreign exchange markets ...

A new CBN report shows that high bank charges posed a major challenge to businesses in 2024. Rising inflation has further ...

The Central Bank of Nigeria has said that without its policy interventions, inflation could have risen to 42.81 per cent in ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to maintaining ...

Central Bank Governor Olayemi Cardoso has said that the year-long fx verification uncovered high level of unethical practices ...

The Central Bank of Nigeria says it is finalizing the verification process for the remaining $2.4 billion foreign exchange (FX) backlog.

BDC operators have commenced discussions on mergers and acquisition (M&A) in order to meet the recapitalisation deadline set ...

Speaking at the event in Abuja, Cardoso said the FX Code would establish clear and enforceable standards for ethical conduct, ...

The FX Code is backed by the CBN Act of 2007 and the Banks and Other Financial Institutions Act (BOFIA) of 2020, which provide a robust legal framework for imposing sanctions on violators. Cardoso ...

A  Central Bank of Nigeria, CBN, survey report has shown that lenders experienced high loan default rate in the fourth ...

The Central Bank of Nigeria, CBN, on Monday released the Nigeria Foreign Exchange (FX) Code as the Naira appreciated against ...