CBN - Central Bank Of Nigeria
CBN explains sources of $2.33bn Into economy as currency dealers sell dollar at new rates
The Central Bank of Nigeria has explained that about 67.8% of FX inflow into Nigeria in the first half of 2024 came through international money transfer operators.
BDC reports changes in exchange rate as naira loses to dollar in parallel market
On October 14, 2024, the Nigerian naira hit a new record low, closing at N1,700 per dollar on the parallel market, according to data from BDC operators.
Naira reverses gain, crashes by over N100 in hours against US dollar
The Nigerian currency continued its decline against the United States Dollar on the Nigerian Autonomous Foreign Exchange Market despite CBN intervention.
Dollar crashes in black market as CBN releases new exchange rates for pound, euro
There is an improvement in the naira's value both in the official and unofficial foreign exchange markets, giving hope of better days ahead for Nigerian currency.
Experts speak on high cost of fuel as Nigerians rush to convert their vehicles for free
Lack of pipelines and the logistics component of pump prices have been identified as the main causes of the high cost of premium motor spirit (PMS) in the country.
Zenith Bank drops new update on system upgrade, advises customers
Zenith Bank on of Nigeria's leading new update on system upgrade and wants customers to be more vigilant on their account and provided safety tips
Expert predicts new exchange rates as naira crashes in black market, rises 5.38% in official window
The naira gained about N89 in the official market on Monday, October 14, 2024, to trade N1,551 UP from the N1,641 it sold the previous day, but fell in black market.
CBN suggests solution as customers of GTBank, Zenith Bank, others experience network issues
The Central Bank has encouraged banks in the country to make significant investments in cybersecurity in order to safeguard depositor funds from hackers.
World Bank praises CBN governor Yemi Cardoso’s policies on naira, interest rate, gives reasons
The World Bank has announced its support for Yemi Cardoso, the Governor of the CBN, and expressed belief that his policies since assuming office are the right ones.
CBN - Central Bank Of Nigeria
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