CBN - Central Bank Of Nigeria
CBN alerts Nigerians on fake contract award, fraudulent schemes
The Central Bank of Nigeria has sent a note warning the public against fraudsters falsely claiming contract awards and has Nigerians to be vigilant.
FG sets naira to dollar exchange rate target in 2025 budget, expert disagrees, gives reason
The Nigerian government explained the reason for readjusting the benchmark exchange rate for the 2024 budget from N750 to N800 per dollar, stating that it's okay.
Foreign investors pull out of Nigeria as naira crashes in official, parallel markets
Recent data on the Nigerian Exchange Limited (NGX) trading activities shows that foreign investment declined to N11.26bn in September 2024 due to the naira crash
Report predicts naira to dollar exchange rate, new fuel price by 2025
The Nigerian currency, the naira, is expected to weaken against the US dollar in the foreign exchange market, according to Veriv Africa, a data insights firm.
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.
CBN - Central Bank Of Nigeria
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