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The Lagos State House of Assembly has decried the continued downward slide in the value of the naira against the dollar. As at Tuesday, a dollar...
International transfers through international money transfer operators (IMTOs) will be paid out in naira in line with recent guidelines from the Central Bank of Nigeria (CBN)....
The Federal Government through the Central Bank of Nigeria (CBN) has increased the exchange rate for cargo clearance from N952 per dollar to N1.356 per dollar....
Union Bank of Nigeria has reassured its partners, customers, and critical stakeholders of continued excellent service and seamless operations following the recent appointment of its new...
The Central Bank of Nigeria (CBN) yesterday sacked the entire board of some banks including Titans Bank. The action follows the recommendation of the Special Investigator,...
The Central Bank of Nigeria (CBN) has explained the reasons behind scarcity of naira notes in the country. This is coming following a series of complaints...
The Central Bank of Nigeria (CBN) has announced the restoration of the 43 items that were banned from accessing foreign exchange (FX). The announcement was made...
President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for...
By Solomon Ekanem The Central Bank of Nigeria (CBN) has said it will move against Deposit Money Banks currently engaging in illegal foreign exchange trade. This...
The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the...