CBN - Central Bank Of Nigeria
Importers to pay less as CBN adjusts Customs Exchange rate amid dollar's fall in all markets
The Central Bank of Nigeria (CBN) has adjusted the exchange rate for cargo clearance, lowering slightly above the official market window as naira gains.
EFCC takes action as fraudsters steal N52.26 billion from Nigerian banks
A N52 billion fraud loss by Nigerian banks in 2024, despite ongoing attempts to strengthen security systems, underscores the growing complexity of financial crimes.
Dealers raise dollar exchange rate in black market as naira gains in CBN’s official market
The value of the naira improved against the dollar in the CBN Nigerian Foreign Exchange Market (NFEM) but black market traders increased the dollar exchange rate
Man uses CBN coins worth N8,000 to pay for service at spa, attendant refuses to accept
A Nigerian man who went to a spa in Ibadan used coins worth N8,000 to pay for the service rendered to him at the beauty place, but it was flatly rejected.
Nigerian bank announces N70 million loan for Nigerians to acquire cars
FCMB have partnered to provide flexible and affordable financing alternatives that will make car ownership more accessible to consumers and corporate enterprises.
CBN data shows credit to government declined by 38.1% to N24.5trn
Data from the Central Bank of Nigeria has revealed that financial institutions credit to the government has reduced as amid changes in economic realties.
Breaking: Judge refuses to step down from Emefiele's trial, gives reason
Justice Rahman Oshodi of the Lagos State Special Offences in Ikeja has rejected the request ex-CBN Governor Godwin Emefiele and gave reason for the rejection.
Naira in trouble as foreign reserves drop for 33 straight days
The Central Bank of Nigeria has revealed that Nigeria's foreign exchange reserves have recorded a significant decline falling for 33 straight days,
LCCI calls on NPA to reconsider hike in Port tariffs, as it could worsen inflation
The Lagos Chamber of Commerce and Industry (LCCI) has spoken up on the recent hike in ports tariffs, listing out the adverse impacts it would have on Nigerians.
CBN - Central Bank Of Nigeria
Load more