Tag: CBN

Fitch, a prominent global credit rating agency, has highlighted that the Central Bank of Nigeria (CBN) continues to grapple with ...

Foreign airlines have repatriated a total of N795.48 billion ($1.76 billion converted at N451/$) from Nigeria in the first and ...

Nigeria's central bank has successfully settled the entire foreign exchange forwards liability of 14 banks, marking a significant step towards ...

The Central Bank of Nigeria (CBN) has uncovered instances of infractions, gross abuses, and non-compliance with foreign exchange market regulations. ...

The Nigerian naira experienced a further decline against the US dollar on Wednesday, January 17th, 2024, both at the official ...

Naira remained stable within its lower range on both the Peer-to-Peer (P2P) market and the black market, while the U.S. ...

The Central Bank of Nigeria (CBN) has taken a decisive step by dissolving the boards of Union Bank of Nigeria, ...

The Central Bank of Nigeria (CBN) has released data on the country's external reserves, revealing a significant year-on-year decline of ...

The Central Bank of Nigeria (CBN) has announced the immediate removal of the entire Board of Directors of Polaris, Titan, ...

The Central Bank of Nigeria (CBN) has disbursed approximately $61.64 million to foreign airlines through various banks. This initiative is ...