The naira eased to N1,500 per dollar in the black market on February 28, 2025, giving up some of the
Nigeria’s foreign reserves have been on a downward trajectory for 33 consecutive days. According to data compiled by Bloomberg, the
The Bode Agusto report on the Nigerian economy in 2025 provides a nuanced assessment of the critical role foreign exchange
The Central Bank of Nigeria (CBN) has announced a significant policy shift, suspending the extension of export proceeds repatriation periods
The Central Bank of Nigeria (CBN) has raised an alarm over the increasing use of fraudulent SWIFT messages by individuals,
The U.S. Department of Justice is pursuing Air Peace CEO Allen Onyema and his CFO Ejiroghene Eghagha over allegations of
Key Points CBN discontinued the price verification system portal Expert underscored the importance of collaboration between CBN and the private
In light of the forthcoming bank recapitalisation in Nigeria, the Nigerian Exchange Group (NGX) has embarked on a proactive initiative
Court documents have revealed intricate details of the alleged theft of $6,230,000 from the Central Bank of Nigeria (CBN) on
The Nigerian Deposit Insurance Commission (NDIC) and the House of Representatives have assured Heritage Bank depositors of the protection of
Nigeria’s letter of credit payments has descended rapidly by 63 per cent in the first quarter of 2024 compared to
That the new leadership of the Central Bank of Nigeria (CBN) has continued with the asymmetric cash reserve requirement (CRR)
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