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CBN
The move is part of the measures initiated by the CBN to help address the rising cost of food prices in the Nigerian market.
Dangote Group is set to begin the export of its first shipment of fertilizer from Lagos to the US and Brazil.
CBN governor, Godwin Emefiele advised investors in the U.K that he expects the true value of the naira to be between N430-455/$1.
What the banks are currently experiencing is a remarkable volte-face of the relationship which banks had with the same CBN just 4 years ago.
The CBN has moved to increase forex allocation to BDCs and sustain the funding for about 5,000 members of the association.
The Association of Bureau De Change Operators of Nigeria (ABCON) has moved to end the volatility of the forex market.
Although crude oil accounts for the larger part of Nigeria's export earnings with 66.38%, agriculture still remains the base of Nigeria’s economy.
The Central Bank of Nigeria (CBN) has granted a non-interest banking licence to Lotus Bank Limited.
The exchange rate between the naira and the dollar at the parallel market strengthened on Thursday, rising from N503/$1 to N485/$1.
The CBN Governor has disclosed how the Federal Government hopes to reduce its import bill by about 35%.
The CBN has hinted at sealing an agreement with the Central Bank of the Gambia (CBG) to undertake the printing of legal tender for the latter.
The World Bank has affirmed that CBN's policies have prevented a credit crunch that could have prolonged Nigeria’s recession.