News

Price and exchange rate stability are key responsibilities the Central Bank of Nigeria (CBN) continues to entrench in the Nigeria macroeconomic environment.
The Central Bank of Nigeria has finally harmonised the official FX rate for Customs duty with the prevailing market rates ...
The Nigerian currency. the naira has continued to surge against the dollar in the official and parallel markets despite ...
Nigeria’s currency, the Naira, witnessed a mixed performance on Tuesday, appreciating in the parallel market while ...
The CBN under Olayemi Cardoso had rolled out a series of sweeping foreign exchange reforms aimed at stabilising the naira, enhancing transparency, and attracting foreign investment. Key among these ...
Nigerian banks last week resumed international usage of naira debit cards, setting various spending limits as foreign exchange ...
Industry report showed that Nigeria’s foreign exchange market witnessed a significant boost in May, with total inflows rising ...
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to maintain a tight monetary policy ...