The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, has identified those responsible for the recent wave of depreciation of...
The Central Bank of Nigeria (CBN) has denied issuing a fresh directive to Deposit Money Banks, Non-bank Financial Institutions and other Financial Institutions in the country...
The Economic and Financial Crimes Commission (EFCC) has filed a fresh charge against former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, at the High Court...
The Central Bank of Nigeria (CBN) has notified Bureau De Change (BDC) operators of the sale of $10,000 at the rate of ₦1,021/$1. The notification of...
The Kogi State Governorship Election Petition Tribunal sitting in Abuja has summoned the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to appear before...
The Nigerian Naira has shown some positive signs lately, with a trend of appreciation against major currencies like the US Dollar. This development has sparked debate...
The Nigerian Naira experienced a significant depreciation in value against the US Dollar this Monday, as rates hit ₦1,260 per dollar in the parallel foreign exchange...
A Nigerian couple has been captured in a video customising the N200 naira notes with their photo and names. Naija News reports that the viral online...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has told Nigerians to expect the Naira to continue strengthening against the United States Dollar...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said the Bola Tinubu-led Federal Government has not borrowed from the Central Bank...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the fiscal and monetary authorities are complementing each other to bring...
The Central Bank of Nigeria (CBN) has denied selling Foreign Exchange (FX) to Bureau De Change (BDC) operators at the rate of N1,001/$1. Naija News recalls...
The Association of Bureau De Change Operators of Nigeria (ABCON) has disclosed that Bureau De Change (BDC) operators are now buying dollars at a ‘cheaper’ rate...
The Central Bank of Nigeria (CBN) has reduced the Loan-to-deposit ratio (LDR) of banks to 50 per cent from 65 per cent. The apex bank made...
The Naira declined to ₦1,100 per dollar in the parallel market on Tuesday, from ₦1,080 per dollar it traded the previous day. Reports revealed that the...
According to the Association of the Bureau De Change Operators of Nigeria (ABCON), the Nigerian currency, Naira, has appreciated faster than anticipated against the United States...
The Nigerian Naira, in a significant economic turnaround has shown remarkable strength against the US dollar, trading below ₦1,000 in some segments of the black market. This...
An employee of the Central Bank of Nigeria (CBN), Monday Osazuwa, has narrated how he collected millions of dollars in cash for the former Governor of...
The embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, was on Friday arraigned at the Ikeja Special Offences Court, where he was...
In a recent forecast by Goldman Sachs Group Inc., the naira, Nigeria’s currency, is anticipated to strengthen significantly, potentially trading below ₦1,000 to the dollar in...