CBN - Central Bank Of Nigeria
Foreign oil corporations are no longer allowed to repatriate all of the money they earn from the sale of crude oil, according to the Central Bank of Nigeria.
SERAP said the auditor-general of the federation has ordered the Central Bank of Nigeria (CBN) to explain depletion of the foreign reserves between 2019 and 2020.
Nigerian banks have been directed by the Central Bank of Nigeria to cease giving cash payments to clients for personal and business travel and allowances.
Nigeria's headline inflation has risen to a 17-year-high for January 2024 at 29.90% as food inflation, transport, clothing and other items contribute
The Nigerian Upstream Regulatory Commission (NUPRC) will be relocating some of its staff from Abuja to Lagos and management has provided explanation.
Due to a steep decline in foreign exchange turnover, the naira strengthened against the dollar on Wednesday, February 14, 2024, breaking the N1,500 mark.
The Lagos state House of Assembly, led by Speaker Rt. Hon. Mudashiru Obasa, has called on the federal government and the CBN to save the naira from total collapse.
Nigerian importers are set to pay more to clear their goods at seaports as the CBN increased the Nigeria Customs import duty exchange rate again.
Commercio Partners has acknowledged the possible benefits of Nigeria's central bank digital currency (CBDC), the e-Naira, as documented in its macroeconomic outlook.
CBN - Central Bank Of Nigeria
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