The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on cash deposits for six months.

The Central Bank of Nigeria has extended the suspension of cash deposit processing fees until March 31, 2025, from the previous September 30 ...

This intervention is expected to inject additional liquidity into the forex market and stabilize rates for transactions ...

In a move that has sent shockwaves through Nigeria's financial landscape, the Central Bank of Nigeria's Monetary Policy Committee (MPC) has once again defied expectations.

There were serious infractions that needed to be looked at. That was the reason. But somehow, the time was short. So before ...

The Central Bank of Nigeria said it has sold foreign exchange worth $20,000 to eligible Bureau De Change operators at N1590 ...

The Central Bank of Nigeria (CBN) has announced an extension for the suspension of cash deposit processing fees, moving the ...

The CBN’s core mandate includes stabilising prices and the exchange rate, but other options can be explored, especially on the fiscal side. A fixation on interest rate hikes ignores the need to ...

Ex-President Goodluck Jonathan and the Emir of Kano, Muhammadu Sanusi II, are at odds over the circumstances surrounding ...

MAN has expressed deep concern over the latest MPR hike, stating that it will increase borrowing costs, depress manufacturing ...

The Central Bank of Nigeria has announced another dollar sale to Bureau de Change operators and has set a strict selling ...