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The Central Bank of Nigeria (CBN) claims that JP Morgan’s recent assessment of the nation’s foreign exchange (FX) reserves was “out of context” and should not...
The Central Bank of Nigeria (CBN) and its subsidiary spent about N74.84bn to produce and roll out currencies, including new naira notes, in 2022. This is...
The Central Bank of Nigeria (CBN) has launched a foreign exchange (FX) pricing verification system (PVS) webpage to make it easier for importers to get foreign...
Deposit Money Banks are experiencing dollar shortages after the Central Bank of Nigeria reduced their foreign exchange allocations. According to The Punch, multiple bank officials said...
The Central Bank of Nigeria (CBN) says new measures will be taken to stabilize the naira against the dollar. Following a meeting with President Bola Tinubu...
The diversion of remittances from the diaspora to the black market, according to the Central Bank of Nigeria (CBN), is the cause of the naira’s free...
The Central Bank of Nigeria has made the consolidated financial statements for the previous seven years accessible for public inspection, marking the first time since 2015...
In a circular issued on Monday, the Central Bank of Nigeria (CBN) announced that microfinance banks (MFBs) and primary mortgage banks (PMBs) are now exempt from...
Economists and civil society organisations have welcomed President Bola Tinubu’s nomination of a special investigator to investigate the Central Bank of Nigeria, Nigerian National Petroleum Corporation...
Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has appointed Jim Obazee, former chief executive officer of the Financial Reporting Council of Nigeria, as a special investigator. The...
