CBN - Central Bank Of Nigeria
Nigerian manufacturers lament N1.4 trillion unsold goods in December 2024
Nigerian manufacturers have come out to explain the challenges that led to an unsold inventory worth N1.4 trillion by end of December. They ask FG to help...
PoS operators to increase charges again as data, SMS, call tariffs on MTN, Airtel, others rise
Point-of-Sale (PoS) operators have disclosed plans to hike their service charge again following the 50 tariff hike approval for telecom companies by the government.
Fake credit alerts: Banks warn customers to beware, give tips to confirm transactions
Nigerian banks have warned their customers to beware of the rise of fake bank alerts and take extra measures to confirm transactions, using given tips and channel
Naira gains balance against dollar in official window as CBN launches new FX Code
The Nigerian currency, the naira appreciated against the US dollar in the official window on Wednesday, January 22, 2025, trading at N1,552.50 per dollar.
CBN launches new Foreign Exchange Code for FX transaction as banks begin sale of BTA, PTA
The Central Bank of Nigeria (CBN) has launched a revised foreign Exchange FX code for authorised forex transactions to boost market transparency.
CBN shares 5 plans to stop buying, selling of naira notes
The Central Bank of Nigeria is unhappy that Nigerians are selling and buying naira notes and has developed strategies to ensure the practice stops.
Nigeria’s public debt skyrockets to N142 trillion Amid Tinubu’s new borrowings
Nigeria's total debt profile has skyrocketed to N142.3 trillion following borrowings from the World Bank, the IMF and other external creditors in 2024.
Access, Zenith, other Nigerian banks begin sale of dollars to Nigerians as naira falls slightly
Nigerian banks have re-kickstarted the sale of foreign exchange for Personal Travel Allowance and Business Travel (BTA) to customers amid improved FX liquidity.
Naira crashes against US dollar to new exchange as Trump’s America first policy begins
New data has revealed that the value of Nigerian currency fell in the official and unofficial foreign exchange markets against the United States dollar.
CBN - Central Bank Of Nigeria
Load more