CBN - Central Bank Of Nigeria
The Nigerian financial ecosystem is fast embracing online transfers and ditching ATM transactions as smartphone and mobile app use surge in the country.
The Central Bank of Nigeria is ready to provide the needed support to help the value of Nigerian currency improve against the dollar in the foreign exchange market.
The Nigerian naira has been relegated far behind as the Kenyan shilling emerged as Africa's best-performing currency following improved forex inflows.
Bureau De Change (BDC) operators have revealed that Nigerian currency improved against British pound, and euro as the country celebrates Eid-ul-Adha.
Nigerian importers will pay a new exchange rate to clear goods after Eid-el-Kabir as the Central Bank of Nigeria has made a slight adjustment on Sunday.
The reinstated Emir of Kano state has disclosed what would likely to happened should another government decided to remove him tomorrow, thanked current government
The total quantity of money in circulation at the end of May 2024 was N3.97 trillion, up 1.07% from the previous month according to a recent CBN data.
The CBN recently named the Nigeria Deposit Insurance Corporation as Heritage Bank's liquidator, and the institution has since taken over management of the bank.
The Central Bank of Nigeria (CBN) has adjusted the Customs foreign exchange rate for importers to clear goods from the Nigerian ports as naira appreciates.
CBN - Central Bank Of Nigeria
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