The push for the people of Nigeria’s South-South region to show greater interest in the various intervention funding of the Central Bank of Nigeria (CBN) is...
Despite being the world’s largest producer of cassava, Nigeria imports over $580 million worth of cassava by-products annually. To keep this money from leaving Nigeria, the...
The Central Bank of Nigeria (CBN) has adopted the Nigerian Autonomous Foreign Exchange (NAFEX) rate and updated its website to reflect the new rate. It gave...
The 36 state governors under the aegis of the Nigeria Governors’ Forum and the Central Bank of Nigeria have disagreed over the repayment of the budget...
The Central Bank of Nigeria has removed the official exchange rate of N379 to a dollar from its website since nobody really uses the rate. This...
The Central Bank of Nigeria has announced the extension of its “Naira 4 Dollar Scheme” — an incentive for senders and recipients of international money transfers...
The Central Bank of Nigeria has sacked the entire members of the board of First Bank of Nigeria and the FBN Holdings. Governor of the CBN,...
The naira exchanged to the dollar at the rate of 480/$ at the parallel market on Friday according to the Bureau de Change operators. At the...
State governors have asked the Federal Government to postpone the repayment of the $2.1bn budget support facility given to the states which was scheduled to resume...
Central Bank of Nigeria has received a court order to freeze 11 accounts of some customers of the First City Monument Bank for a period of...