The Central Bank of Nigeria (CBN) has provided further guidance to Deposit Money Banks (DMBs) on the operational changes to the foreign exchange market announced on June 14, 2023. The
The Central Bank of Nigeria (CBN) has announced the introduction of its digital currency known as the eNaira as a payment option to recipients of diaspora remittance. The apex bank
A presidency told the Saturday Tribune in Abuja on Friday that the Presidential order was issued before the embattled CBN boss Godwin Emeifiele was suspended and handed over to the Department
The Central Bank of Nigeria has allowed commercial banks to freely trade foreign exchange at any rate. The announcement comes after Godwin Emefiele’s suspension as CBN’s governor. Details shortly.
President Bola Tinubu has suspended Governor of the Central Bank Of Nigeria (CBN) Godwin Emefiele from office with immediate effect. This was contained in a statement on Friday evening by
The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E) window the previous day, it
President Bola Tinubu has met with the governor of the Central Bank of Nigeria, CBN, Godwin Emefiele and the Group Chief Executive Officer, of the Nigeria National Petroleum Company Limited,
The president stated this yesterday during his inaugural speech at the Eagles Square in Abuja, Federal Capital Territory. According to him, “the currency swap was too harshly applied by the
The Central Bank of Nigeria (CBN) has refuted claims that it is planning to phase out the newly redesigned naira notes, saying the new notes are meant to circulate alongside
A powerful lobby is currently pushing for the return of Sanusi Lamido Sanusi as governor of the Central Bank of Nigeria, CBN, as the shape of Tinubu’s presidency begins to
