Nigeria’s net foreign exchange inflow drops to $4.79 billion in January 2025 – CBN report
Nigeria’s economy witnessed a decline in net foreign exchange inflow in January 2025, attributed to reduced contributions through the Central ...
Tag: CBN
Exclusive: What foreign investors told CBN at the Nasdaq investors forum in New York
Foreign investors welcomed Nigeria’s recent macroeconomic reforms but flagged persistent concerns about oil price volatility, capital repatriation risks, and high ...
CBN begins mystery shopping at BDC outlets to bolster compliance with anti-money laundering rules in Nigeria
The Central Bank of Nigeria (CBN) has announced the initiation of mystery shopping exercises across bureau de change (BDC) outlets ...
CBN asks banks, fintechs to tighten sanctions list checks
The Central Bank of Nigeria (CBN) has issued a strong reminder to banks, payment service banks, and fintech companies on ...
CBN injects $197.71 million into FX market to boost liquidity and stability
The Central Bank of Nigeria (CBN) has injected $197.71 million into the foreign exchange (FX) market on Friday, April 4, ...
World Bank plans $10.50 million grant to Nigeria to boost CBN’s technical capacity
Nigeria’s gross foreign exchange (FX) reserves fell by $2.57 billion from January to March 2025, marking a 6.29% decrease over ...
CBN links foreign debt service to $2.57 billion drop in FX reserves in Q1 2025
Nigeria’s gross foreign exchange (FX) reserves fell by $2.57 billion from January to March 2025, marking a 6.29% decrease over ...
Finally, CBN reveals Nigeria’s “Net External Reserves” figure
The Central Bank of Nigeria (CBN) has finally disclosed Nigeria’s Net Foreign Exchange Reserves (NFER), following repeated calls by experts.
Nigerians got N470 billion personal loans from banks in three months – CBN
The Central Bank of Nigeria (CBN) has revealed that Nigerians secured personal loans amounting to N470 billion from banks within ...
Naira struggles to regain confidence despite recent gains – BDC Operators
Bureau De Change (BDC) operators have revealed that despite the naira's gains at the foreign exchange market during the week, ...
