CBN Sells $148 Million in Nigerian Foreign Exchange Market
The Central Bank of Nigeria (CBN) has announced the sale of foreign…
CBN Raises Monetary Policy Rate to 26.75% Amid Rising Inflation
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)…
CBN Ramps Up Forex Supply, Sells $106.5M to 29 Dealers in Two Days
The Central Bank of Nigeria (CBN) announced on Friday that it sold…
CBN Approves FX Sales to BDCs at N1,450 Per Dollar
The Central Bank of Nigeria (CBN) has approved the sale of foreign…
CBN Sells Over $122 Million to Authorized Dealers to Stabilize Forex Market
In a bid to promote stability and reduce market volatility in the…
CBN Directs Banks and Forex Dealers to Accept Old Series, Lower Denominations of Dollars
The Central Bank of Nigeria (CBN) has issued a directive to banks…
CBN Unveils New Guidelines for Foreign Currency Deposits by Banks
The Central Bank of Nigeria (CBN) has introduced new guidelines concerning foreign…
CBN Discontinues Foreign Exchange Price Verification System for Importers
The Central Bank of Nigeria (CBN) has announced the discontinuation of its…