Currencies
Dollar Retreats as Bitcoin Surges, Yen Gains on Inflation Data
On Tuesday, the dollar experienced a decline as investors awaited crucial U.S. economic data that would offer insights into the...
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Inflation, FX Liquidity Challenges, Others Top Agenda As MPC Makes Crucial Decisions Tuesday
The Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) is set to reveal the outcome of its first meeting...
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CBN Injects Over $300 Million into Banks as Naira Sees Uptick
Amidst concerted efforts to stabilize the naira-dollar exchange rate, the Central Bank of Nigeria (CBN) has injected over $300 million...
Read moreCBN Proposes $10,000/year Limit on Foreign School Fees via BDCs
The Central Bank of Nigeria (CBN) is set to implement stringent measures concerning the purchase of foreign currencies through Bureau...
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BDCs Set Terms for Compliance with CBN Directive
The Association of Bureau De Change of Nigeria (ABCON) has responded to the recent directive issued by the Central Bank...
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CBN’s 293rd MPC Meeting Commences: Addressing Nigeria’s Economic Challenges
Today marks the commencement of the 293rd Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN), with...
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CBN Removes Over N1 Trillion Excess Cash from Access Bank, Zenith, and Others
In a bid to address the persistent challenges facing the Nigerian economy, the Central Bank of Nigeria (CBN) has taken...
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CBN Guideline Prompt BDCs to Mull Mergers Amidst Capital Increase
The Central Bank of Nigeria (CBN) has set forth a regulatory proposal that has stirred significant debate and strategic maneuvers...
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N1,571/$”: Naira Reverses Gains, Falls at Black and Official Markets Against US Dollar
The Naira experienced a setback on the Nigerian Autonomous Foreign Exchange Market (NAFEM) after a brief period of gains. According...
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FMDQ Traders Introduce Key Reforms for Stability in Nigeria’s Forex Market
In a bid to bring stability to Nigeria's forex market, traders on the FMDQ platform, where forex is officially traded,...
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Popular Story
UAC Nigeria Lists N54.03 Billion Bond on NGX in Fixed Income Push
CBN Warns Public of Fraudulent Links Targeting Bank Accounts.
NNPC Crude Deliveries to Dangote Refinery Exceed 1 Million Tonnes in April
Brent Crude Price at $84.21 Per Barrel as Oil Prices Face Weekly Decline
Naira Opens New Trading Week with Slight Depreciation in Official Market
