The Central Bank of Nigeria says it is finalizing the verification process for the remaining $2.4 billion foreign exchange (FX) backlog.

Amid the economic hardship and digital glitches that dominated last year, financial transactions via electronic payment platforms rose ...

Domestic airlines spend scarce forex on repairing their planes outside Nigeria, but some players are beginning to set up ...

The Nigeria Employers’ Consultative Association (NECA) has urged the Central Bank of Nigeria (CBN) to take a proper assessment ...

The Naira yesterday appreciated to N1,630 per dollar in the parallel market from N1,640 per dollar on Tuesday. Similarly, the ...

ShareBusinesses and households in the country are expecting the current high level of inflation to gradually ease over the ...

Interview - The Supreme Court, in its judgment of July 11, 2024, ordered that local government areas, LGAs' allocations should be paid directly to them. That happened after the Federal Government ...

The Central Bank of Nigeria (CBN) has adjusted the Nigeria Customs exchange rates for cargo clearance at Nigeria's sea and ...

Olayemi Cardoso, has warned banks and other forex traders of severe sanctions if they violate the new FX Code ...

The Central Bank of Nigeria (CBN) has waived N250,000 annual licence renewal fee for each Bureau De Change (BDC) operator for ...

The Naira has appreciated to ₦1,640 per dollar in the parallel market, strengthening from ₦1,655 recorded on Monday, January ...

according to the latest Central Bank of Nigeria (CBN) Economic Report. The report disclosed that inflows through the CBN surged by 39.63 percent, reaching $11.86 billion, up from $8.49 billion in Q2 ...