
CBN - Central Bank Of Nigeria







The Central Bank of Nigeria (CBN) made adjustments to the foreign exchange rates for cargo clearance at Nigeria's ports, increasing it again as naira depreciates.

In collaboration with Youth Business International and the FATE Foundation, Standard Chartered Bank has graduated the second cohort of the Revolving Fund Program

Members of the House of Representatives have called on the Central Bank of Nigeria (CBN) to suspend increase in Automated Teller Machine (ATM) transaction charges.

The Chatham House recently warned the federal government against strengthening the naira. Legit.ng spoke to an economic analyst who offered explanations.

Amid complains of inflation and cost-of-living crisis, Chatham House in London has warned the federal government against strengthening the naira.

The naira recovered in the official foreign exchange market on Monday, March 10, 2025, after days of depreciation, trading at N1,528 to a dollar from N1,542.

Bureau de Change (BDC) operators have raised concerns that they are struggling to get dollars from commercial banks amid depreciation of the naira.

After several weeks of appreciating, the naira seems to have changed trend. The last week saw the naira reverse earlier gains, taking a hit from investor activities.

Given Nigeria's rising inflation and other economic issues, Nigerian banks are starting to significantly raise employee salaries to retain top staff.
CBN - Central Bank Of Nigeria
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