Naira
CBN clarifies cybersecurity levy on banks customers’ savings, current account
The CBN has clarified its Monetary Policy Circular and has removed it from its website while confirming that the cybersecurity levy remains suspended.
No more N1,539: CBN releases new exchange rates for dollar, pound, euro after US govt's decision
The Naira has depreciated in value against the US dollar in the official market but recorded an improvement in the black market ahead of the CBN MPC meeting.
N1,544/$: CBN to respond as US government’s decision gives hope for Naira recovery
There is strong optimism for naira recovery in the foreign exchange market against the US dollar following decision taken by the US Federal Reserves.
“Dollar is crashing”: Nigeria’s FX reserves hit new high amid massive naira Gains
Nigeria's foreign exchange reserves have seen a net inflow of $2.36 billion every month in the last seven months of this, providing relief to the forex market.
Breaking: CBN increases Customs exchange rate to clear goods at ports, airports
The Central Bank of Nigeria has announced a new customs exchange rate for cargo clearances at Nigeria's ports the first change in the month of September 2024.
Currency speculators lose big as naira bounces back, appreciates by over N100 against US dollar
The Naira has recorded a strong recovery against the United States Dollar, just a day after falling to a six-month low in the official foreign exchange market.
Naira to dollar exchange rate, inflation in focus as CBN announces September date for MPC meeting
The Central Bank of Nigeria (CBN) has announced the next monetary policy committee (MPC) meeting, which is scheduled for September, and decisions will be made.
Naira falls to new low in official market amid CBN’s new FX rules to BDCs
The naira depreciated by over N100 in the official market against the US dollar, trading at N1,656 per dollar on Tuesday, September 17, 2024, amid drop in inflation.
CBN sets transaction limit for BDCs when selling dollars to Nigerians as naira falls to new low
The Central Bank of Nigeria has announced a limit on the sale of dollars by Bureau de Change operators to Nigerians, and travellers also have a cash limit.
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