CBN - Central Bank Of Nigeria
Importers to pay more as Customs exchange rate to clear goods at ports increases again
The Nigeria Customs exchange rate has been increased again, meaning companies, importers will pay more to clear goods at the nation's ports and airports.
Again, naira depreciates in value against US dollar euro
The value of Nigerian currency, the naira, has suffered another depreciation against the United States dollar in the official foreign exchange market.
CBN gives instructions to banks on sale of mint naira notes to hawkers
The Central Bank of Nigeria (CBN) has instructed banks to ensure Automated Teller Machines (ATMs nationwide are stocked with cash, warning of penalties.
More electric vehicle to compete with Innoson as Taiwan launches special motorcycle in Nigeria
Taiwan's Chief Missioner in Nigeria, Andy Yih-Ping Liu, has introduced electric motorcycles to support Nigeria's efforts to achieve a carbon-free environment.
“You cannot use cash to buy real estate”: CBN reacts to proposed investment and securities bill
The SEC proposed investment and securities bill (ISB) 2024 may have several provisions that violate existing money laundering laws, according to the CBN.
FBN Holdings announces new GMD to replace Okonkwo, distribute N14.4 billion dividend
At FBN Holdings' 12th AGM, the company's shareholders authorized a sum of N14.4 billion as dividend for the fiscal year that ended on December 31, 2023.
CBN releases latest euro, pound exchange rates as Naira depreciates against US dollar
The naira has depreciated once again against the US dollar, pound, and euro in the foreign exchange market but improved against the pound and euro.
FG shuts down filling stations for cheating customers as marketers hint on fuel price crash
The Nigerian Midstream and Downstream Petroleum Regulatory Authority shut down two gas stations and two retail petroleum outlets in Delta due to harsh practices.
Big boost for naira as Nigeria’s foreign reserves hit 2-year high
The Central Bank of Nigeria has revealed that Nigeria's external reserves have risen to their highest level since June 2022, following the end of oil subsidy.
CBN - Central Bank Of Nigeria
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