CBN - Central Bank Of Nigeria
Nigeria’s foreign reserves balance drop below $40 billion, CBN releases latest balance
Nigeria's foreign reserves have dropped below $40 billion, with the currency reserves now $2 billion lower than at the start of 2025, amid efforts to clear FX debts.
Financial inclusion: How Nigeria moved from ATMs to a PoS-driven economy
As the Central Bank of Nigeria continues to drive the vision of a cashless economy, Nigerians appear to be resorting to POS operators for quick access to cash.
ABCON advises CBN on constant liquidity as banks stop selling dollar to BDCs
Few banks have complied with the Central Bank of Nigeria's directive to sell dollars to Bureau de Change Operators, according to Aminu Gwadebe, head of the ABCON.
Traders sell at new exchange rate as dollar crashes by over N100 in black market
The naira is performing strongly against the US dollar in the official and unofficial foreign exchange market, a big boost for the recovery of the Nigerian economy.
No more N1,660: Naira finally appreciates against dollar in parallel market, experts give reasons
The naira's inconsistent performance over the past week across several segments is indicative of the CBN's ongoing efforts to stabilize the currency.
Analysts explain why CBN should hold rates on Thursday’s MPC, others expect a hike
As Nigerians await the first MPC meeting in 2025, Analysts have outlined reasons why CBN should hold rates, although the CBN governor earlier said it would...
CBN releases new official exchange rates as Naira appreciates against US dollar in black market
The Nigerian currency exchange rate against the United States dollar and other currencies recorded a change in the official Nigerian Foreign Exchange Market window.
Electronic transfers up as Opay, Palm Pay, others rival UBA, GTB, other traditional banks in Nigeria
Micro-transactions are fueling Nigeria's e-payment growth, highlighting Nigerians' increasing usage of digital channels daily, according to new analysis.
CBN lists ways to avoid the new N100 ATM withdrawal charges as it increases limits
The Central Bank of Nigeria (CBN) has increased the ATM withdrawal fee to N100 and listed two ways to avoid it. It also threatened to sanction banks.
CBN - Central Bank Of Nigeria
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