Exchange Rate Closes at N740/$1, the best closing rate since June 15th
The Exchange Rate on the Investors and Exporters (I&E) window closed at N740/$1 representing the best end of day rate...
Naira Redesign: CBN satisfied with level of currency in circulation – Shonubi
Acting Governor Fola Shonubi of the Central Bank of Nigeria (CBN) has expressed satisfaction with the current level of currency...
CBN admits forex supply issues creating exchange rate volatility
The Central Bank of Nigeria (CBN) is not looking to unify exchange rates but aims to cultivate a more effective...
Exchange rate worsens to N820/$1 at parallel market ahead of MPC meeting
The exchange rate between the naira and the US dollar also closed at N795.28/$1 at the official Investor and Exporters window...
CBN revises tenure limits for bank executives to a maximum of 24 years.
The Central Bank of Nigeria has revised the tenure of executive directors (ED). Deputy managing directors (DMD), and managing directors...
OFFICIAL: Barbican Capital Limited has acquired 13.3% of FBN Holdings
As earlier reported by Nairametrics, Barbican Capital has acquired 4,770,269,843 units of FBN Holdings, giving it a 13.3% stake in...
Barbican Capital revealed as buyer of 4.7 billion FBN Holding shares
Barbican Capital Limited was incorporated on the 9th of March 2023 with registration number RC 6900918. The person listed as...
Nigeria to repay $500 million Eurobond debt this July
Nigeria is to redeem a $500 million Eurobond this month (July) as the country continues to battle multiple economic challenges.
Latest MPC statement reveal Emefiele still believed his policies will achieve “FX Stability”
Nigeria's suspended Central Bank Governor, Godwin Emefiele, expressed his belief that the foreign exchange (forex) market would remain stable, citing...
Exchange rate closes at N769.25/1$, depreciates 39% in one month
The latest I&E Window exchange rate for June 30th, 2023 shows the exchange rate between the naira and dollar closed...
