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CBN
The Central Bank of Nigeria (CBN) has clarified the newly reviewed N100 charge on withdrawals at another bank’s ATM (Not-On-Us Transactions), stating that the fee applies whether or not the withdrawal amount is up to N20,000.
The Central Bank of Nigeria (CBN) has announced a major revision to its Automated Teller Machine (ATM) transaction...
Michael Atingi-Ego has been appointed as the new Governor of the Bank of Uganda, concluding a three-year period without a permanent head since the death of Emmanuel Tumusime-Mutebile in January 2022.
The Central Bank of Nigeria has postponed its first Monetary Policy Committee (MPC) meeting for 2025 to March, following delays in the release of the rebased Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS).
The Nigerian currency showed strength in the black market but dipped for the third consecutive time against the dollar at Nigeria’s official foreign exchange market.
The Central Bank of Nigeria (CBN) has issued new guidelines permitting Bureau de Change (BDC) operators to purchase up to $25,000 weekly from Authorised Dealer Banks (ADBs) to meet retail market demand for eligible invisible transactions.
A member of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), Murtala Sabo Sagagi, has identified excessive government spending as a major obstacle to effective monetary policy implementation in Nigeria
The Association of Bureau de Change Operators of Nigeria (ABCON) has reacted to the news of the Central Bank of Nigeria (CBN) extending the Foreign Exchange (FX) sale period to May 30.
Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded in December 2024.
The Central Bank of Nigeria (CBN) has extended the deadline for Bureau de Change (BDC) operators to access the Nigerian Foreign Exchange Market (NFEM) for weekly FX purchases.
The naira made a significant recovery in the parallel market, appreciating by N5 against the US dollar on Monday.
The Naira’s future is looking brighter than ever in 2025, and Ugodre has all the insights you need!...