The Central Bank of Nigeria (CBN) has harmonised the Customs FX rate with the current foreign exchange rate following the strengthening of the naira.

The Nigerian currency. the naira has continued to surge against the dollar in the official and parallel markets despite ...

The Central Bank of Nigeria has finally harmonised the official FX rate for Customs duty with the prevailing market rates ...

Nigeria’s currency, the Naira, witnessed a mixed performance on Tuesday, appreciating in the parallel market while ...

The International Monetary Fund (IMF) has in its recent Article IV Consultations on Nigeria, recognised measures taken by the ...

The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to maintain a tight monetary policy ...

The Nigerian naira weakened further in the parallel market on Tuesday, trading at N1,585 per US dollar, a decline from N1,570 ...

Nigerian banks last week resumed international usage of naira debit cards, setting various spending limits as foreign exchange ...

Price and exchange rate stability are key responsibilities the Central Bank of Nigeria (CBN) continues to entrench in the Nigeria macroeconomic environment. Sustaining these roles takes a lot of ...

The statement said the lack of transparency around the BDC entities creates room for regulatory abuse, political patronage, ...