CBN - Central Bank Of Nigeria
Point of Sale Operators (PoS) have sued the Nigerian government over the directive and deadline by the Corporate Affairs Commission (CAC) to register their business.
Foreign currency dealers in the official and black markets sold the dollar at high rates on Thursday, August 5, 2024, leading to the crash of the local currency
The CBN research department produced a macroeconomic analysis predicting a greater surplus of $6.96 billion for Nigeria's current account position this year.
CBN's 45% increase in fuel prices at the pump and the continued pressure on the naira crushed expectations that the bank would call for a halt to interest rate hikes
The Nigerian currency, the naira, depreciated to a six-month low of N1,625 per dollar on Wednesday, September 4, 2025, in the official foreign exchange market.
The Central Bank of Nigeria has yet to adjust the exchange rate for customs duty in September despite the free fall of the naira, but this is about to change.
Presidential adviser Bayo Onanuga said NNPCL acknowledged it was facing financial difficulties as a result of its inability to continue providing fuel subsidies.
Muhammadu Sanusi II, the Emir of Kano, has given one condition to President Bola Tinubu-led federal government if he had to step in to solve the Fulani problem.
The Nigerian currency, the naira, is experiencing another round of depreciation following the fall in dollar supply in the official and parallel markets.
CBN - Central Bank Of Nigeria
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