The CBN has received plaudits from the Association of Bureau De Change Operators of Nigeria for exempting the operators from ...

A new CBN report shows that high bank charges posed a major challenge to businesses in 2024. Rising inflation has further ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to maintaining ...

The naira has continued its gains against the US dollar in the official and black market windows, gaining N10 and N11 naira ...

The Central Bank of Nigeria says it is finalizing the verification process for the remaining $2.4 billion foreign exchange (FX) backlog.

Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), stresses the need for sustained vigilance and proactive measures to maintain monetary stability in the country. Speaking at the 2025 ...

BDC operators have commenced discussions on mergers and acquisition (M&A) in order to meet the recapitalisation deadline set ...

Experts have warned that Nigeria's high interest rate spread and 50% Cash Reserve Ratio are stifling Nigeria’s economic growth ...

A  Central Bank of Nigeria, CBN, survey report has shown that lenders experienced high loan default rate in the fourth ...

The Central Bank of Nigeria (CBN) has called on deposit money banks and all market participants to embrace the principles of the Nigeria Foreign Exchange (FX) Code wholeheartedly, cautioning that any ...

CBN Governor Cardoso has launched the Nigeria FX Code to enforce ethical practices, transparency, and governance in the FX ...

The Central Bank of Nigeria (CBN) has introduced the Nigeria Foreign Exchange Code (FX Code), aimed at fostering transparency ...