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

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.

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

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

The Manufacturers Association of Nigeria has called on the Central Bank of Nigeria to stop increasing the monetary policy ...

The CBN is set to sell $20,000 to eligible BDC operators at N1,590/$ to meet demand for invisible transactions ...

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 ...

The Central Bank of Nigeria (CBN) has announced the approval of the sale of an additional $20,000 to each eligible ...

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

The Central Bank of Nigeria (CBN) has announced the provision of additional liquidity to the Bureau De Change (BDC) segment ...

CBN has approved another sale of foreign exchange (FX) to eligible BDC operators at N1,590 per dollar to meet the demand for ...