The Nigerian naira strengthened 2.1 percent to 235 per dollar on the unofficial market on Thursday after the central bank...
Read moreDetailsThe CBN has released a new circular insisting that it has enough forex to pay for school fees, student maintenance...
Read moreDetailsThe CBN has issued yet another circular informing Nigerians that all legitimate request for foreign currency for eligible transactions such as...
Read moreDetailsThe Central Bank of Nigeria released a circular Wednesday confirming its support for the decision by deposit banks to stop...
Read moreDetailsThe CBN has released a new circular (Tuesday) updating banks on their earlier instruction to restrict daily usage of FX...
Read moreDetailsIn addition to issuing a new circular listing 41 items now designated as "Not Valid for Forex", the CBN has...
Read moreDetailsThe Central Bank of Nigeria (CBN) yesterday said the $50,000 per person, per annum limit for use of naira debit...
Read moreDetailsIt is official, the Central Bank of Nigeria has now reduced the limit a person can spend from their naira...
Read moreDetailsThe Central Bank of Nigeria has issued a new circular targeting customers who purchase Forex from the inter-bank market. The...
Read moreDetailsThe Central Bank Governor yesterday in a surprise move issued a circular instructing banks to keep a net zero position...
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