CBN Debunks Claims of Phasing Out Old Naira Notes by December 2024
The Central Bank of Nigeria (CBN) has refuted reports suggesting that the…
Nigeria’s Foreign Exchange Inflows Reach $57 Billion by August 2024, Says CBN
Nigeria’s foreign exchange (FX) inflows reached an impressive $57 billion by August…
CBN Governor Cardoso Reaffirms Commitment to Developing Future Leaders in Finance and Social Sciences
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso,…
CBN Reassures Nigerians on Bank Stability
The Central Bank of Nigeria has reaffirmed its commitment to ensuring the…
CBN Governor Cardoso Defends Naira Float Policy to Restore Exchange Rate Credibility
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has…
CBN Introduces Electronic Foreign Exchange Matching System to Enhance FX Market Transparency
The Central Bank of Nigeria (CBN) has announced the launch of the…
CBN Approves Forex Sale to BDCs at ₦1,590 per Dollar
The Central Bank of Nigeria (CBN) has approved the sale of foreign…
CBN Raises Interest Rate to 27.25 Percent
The Central Bank of Nigeria's Monetary Policy Committee has raised the benchmark…