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...
The US dollar has again experienced a significant decrease in value against the Nigerian Naira, with a depreciation of N60. The latest exchange rate figures follow...
An Ikeja Special Offences Court has granted a 50 million naira bail to the embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele....
The Nigerian National Petroleum Company Limited (NNPCL) is set to increase its gas output, targeting both local and international markets. This strategic move is promised to...
Central Bank of Nigeria (CBN) employees have expressed growing concerns and a pervasive sense of insecurity due to a spate of dismissals sweeping through the institution...
The Association of Bureaux de Change Operators of Nigeria (ABCON) has proposed that the Central Bank of Nigeria (CBN) issue a directive requiring non-oil exporters to...
In a bold attempt to steer Nigeria’s economy towards stability, the Central Bank of Nigeria (CBN), under the leadership of Governor Yemi Cardoso, has embarked on...
The Nigeria Customs Service (NCS) has revised the foreign exchange (FX) rate applicable to customs duties, a significant move that aligns with the Central Bank of...
Fifty officials have been sacked from their positions in the Central Bank of Nigeria (CBN) by Governor Olayemi Cardoso. Naija News gathered that the latest sack...
The Minister of Finance, Wale Edun, announced the allocation of N4.83 trillion from Treasury Bills and Bonds to settle the outstanding Central Bank of Nigeria (CBN)...
The Central Bank of Nigeria (CBN), led by its Governor, Yemi Cardoso, has implemented various policies and reforms aimed at stabilising the naira and returning the local...
The Presidency has backed the efforts of the Yemi Cardoso-led Central Bank of Nigeria (CBN) to stabilise the Naira against the Dollar. It said the recent...
The Nigerian currency, the naira, witnessed a significant appreciation in the parallel foreign exchange (FX) market, reaching ₦1,120 to the dollar on Monday. This rate reflects...
There were a series of lamentations yesterday by currency traders over the increasing losses and decreasing demand for the dollar as the naira continued to strengthen...
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, was ordered back into the custody of the Economic and Financial Crimes Commission (EFCC) by...
The Central Bank of Nigeria (CBN) has banned all Nigerian banks from using foreign currencies as collateral for naira loans. Naija News reports that the apex...
The Central Bank of Nigeria (CBN) announced on Monday that it had sold dollars to Bureau De Change operators. Naija News reports that CBN disclosed this...