The Central Bank of Nigeria (CBN) has made a repayment of 5.10 billion Chinese yuan (CNY) out of the 6...

  In the aftermath of Nigeria's apex bank, the Central Bank of Nigeria (CBN), executing the naira's float and liberalizing...

The exchange rate between the Nigerian naira and the US dollar has taken a severe hit, sinking to N900/$1 on...

Prominent human rights activist and senior lawyer, Mr. Femi Falana, has taken the Central Bank of Nigeria (CBN) to court,...

As Nigeria navigates the intricate web of economic challenges, the Federation Account Allocation Committee (FAAC) has played a pivotal role...

In a recent revelation that has sent shockwaves through Nigeria's financial landscape, JP Morgan, a prominent American multinational financial services...

CBN Implements Stricter Reporting and Transaction Guidelines for Bureau de Change Outlets In a move aimed at enhancing transparency and...

In a strategic move to enhance the efficiency of Nigeria's Foreign Exchange Market, the Central Bank of Nigeria (CBN) has...

The Central Bank of Nigeria (CBN) has introduced a new foreign exchange price verification system aimed at enhancing transparency and...

In an unexpected turn of events, the Nigerian naira has demonstrated a significant appreciation in the parallel market, breaking below...