The Central Bank of Nigeria (CBN), in a new circular, has directed Deposit Money Banks (DMBs) to stop utilising gains from their foreign exchange revaluation for...
The Central Bank of Nigeria (CBN) will soon come up with stringent measures to stabilise multiple exchange rate in the country. The CBN Acting Governor, Folashodun...
The Central Bank of Nigeria (CBN) has clarified that the 43 items which were restricted from accessing Foreign Exchange from the official window remain banned from...
President Muhammadu Buhari has promised to take appropriate measures to improve access to foreign exchange for importation of raw materials and machines that are not available...
Mr Emmanuel Auta, the Managing Director, Abegyi Nigeria Limited, told an FCT High Court, Kubwa how Mr Philemon Gora allegedly swindled him of N80 million in...
The Central Bank of Nigeria has directed all commercial banks to publish on their websites the names and Bank Verification Numbers of customers who engage in...
The Central Bank of Nigeria (CBN) says it will commence the immediate refund of capital deposits and licensing fees (where applicable) to promoters who have pending...
The Central Bank of Nigeria (CBN) has stopped forex sales to Bureau De Change (BDC) operators in the country. The Central Bank Governor, Godwin Emefiele announced...
The Lagos Chamber of Commerce and Industry has said that the Central Bank of Nigeria’s policy on foreign exchange is not credible enough to attract the...
The naira strengthened to N440 to a dollar at the parallel market on Tuesday, compared with the N465 to a dollar it was the previous day....
The naira has strengthened at the parallel market to N448 against the dollar after the Central Bank of Nigeria (CBN) announced that it would resume dollar...
The Central Bank of Nigeria (CBN) has announced that it will resume weekly forex sales to Bureau de Change operators from August 31. In a circular...
