CBN - Central Bank Of Nigeria
Dealers, experts explain reasons naira lost over N200/$ despite CBN’s actions, predict future outcome
Due to the Central Bank of Nigeria's (CBN) delayed currency disbursements to BDCs, banks and end users' demand for dollars has increased in the parallel market.
Naira bounces back, gains over N200 against dollar in black market, traders quote new exchange rate
The value of the Nigerian currency recovered in the unofficial foreign exchange following a recent depreciation that has left the senate and others worried.
FG moves to merge CBN's NIRSAL Microfinance bank with Bank of Agriculture
The Nigerian government is considering the merger of CBN's NIRSAL Microfinance Limited with the Bank of Agriculture to boost food security in Nigeria.
Cryptocurrency companies affecting naira's performance against dollar? Lawyer Reacts
Barrister Okanlawon Gaffar has revealed the reason why the government do not need to fight cryptocurrency operators in strengthening the naira against the dollar.
Recapitalisation: Zenith, Access, Other Banks That Have Moved to Raise Capital Ahead of CBN Deadline
To meet the new capital requirements set by the Central Bank of Nigeria (CBN), big banks have sprung into action by looking to raise their capital base.
FG again rush to CBN for money, borrows over N3 trillion in six months
The administration of President Bola Tinubu has also approached the Central Bank of Nigeria for loans as it tries to meet its budget deficit in the early months.
Naira value rises in black markets, falls in official market against US dollar
The Nigerian currency, the naira, continues to perform poorly against the US dollar in the official foreign exchange market, but hope rises in the black markets.
Naira vs Dollar: Factors influencing Nigerian currency rate
Barrister Titilope Anifowoshe has explained the factors responsible for the performance of the naira against the dollar while urging the CBN to sustain the momentum.
CBN hikes Customs exchange rates for cargo clearance by 11.1% as naira crashes in all markets
The Central Bank of Nigeria has increased the Customs foreign exchange rates for cargo clearance in Nigerian ports by 11.1% following the naira crash.
CBN - Central Bank Of Nigeria
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