Tag
CBN
Bureau De Change (BDC) operators under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have called on the Central Bank of Nigeria (CBN) to allow them to provide liquidity in the retail end of the foreign exchange market.
The acting governor of the central bank, Fola Shonubi warned speculators of potential losses as they implement a new policy to stabilize the exchange rate.
In its bid to harmonize Nigeria's dual exchange rate system, the Central Bank of Nigeria (CBN) on June 14, 2023, introduced the FX-managed float system as the process of unifying the exchange rate.
The Central Bank of Nigeria (CBN) has threatened to sanction commercial banks engaging in illegal sales of foreign exchange.
The Central Bank of Nigeria remains financially stable, as confirmed by Nairametrics.
The Central Bank of Nigeria has attributed the crash of the naira against the dollar and its inability to manage the foreign exchange market.
CBN under the ways and means financing advanced N6.2 trillion to the FG to bring their total debt to N23.3 trillion at the end of 2022.
The Central Bank of Nigeria (CBN) has released to the banks and other stakeholders an updated list of its accredited cheque printers.
Nigeria's central bank owes JP Morgan and Goldman Sachs a combined sum of $7.5 billion as of the financial year ended December 2022.
The Central Bank of Nigeria released its long-awaited audited accounts for the year ended December 2022 showing it...
The Central Bank of Nigeria has reported that foreign exchange (FX) inflows into the country rose to $2.55 billion in two months following the naira unification.
Following the removal of the long-standing fuel subsidy and the unification of the various official FX windows by the new administration, the global rating company S&P Globa Ratings revised the outlook on Nigeria from negative to stable.