The Nigerian currency varied between N2,100 and N2,180/£ in April as a result of increased buying pressure on the British pound sterling on the global market.
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CBN records highest dollar sale in one week as Naira falls to new exchange rate
The Central Bank of Nigeria recorded its biggest dollar sales on Nigerian Foreign Exchange Market (NFEM) amid continue pressure on naira exchange rate.
CBN releases full list of approved charges for Access, UBA, other banks' savings and current accounts
The Central Bank of Nigeria has released all commercial banks and financial institutions approved charges on customers' bank account savings or current.
10 banks debit customers over N1trn for e-banking, ATM charges, account maintenance
Nigerian banks have reported a significant increase in revenue from electronic transactions, as more Nigerians use electronic means to conduct business.
Zenith, Access, FirstBank lead pack as banks reap N14tn from loans to customers
9 top Nigerian banks earned a combined N14.26 trillion in interest income in 2024, nearly double their earnings from 2023, driven largely by high lending rates.
CBN moves to stabilise market as naira continues dip against dollar
While the official market appreciated, the naira declined on the parallel market, closing at 1,599.94/$ on Thursday after closing at 1,603.78/$ the previous week.
Naira sells above N1,600 per dollar in forex markets
The Central Bank of Nigeria has released the latest naira to dollar, euro, and other currency exchange rates in both the official and unofficial FX markets.
CBN to deploy mystery shoppers to monitor activities of Bureau de Change operators
CBN has announced plans to secretly monitor bureau de change (BDC) operators to ensure they follow rules against money laundering and terrorism financing.
CBEX Scam: SEC takes action against Ponzi scheme operators after Nigerians lost billions of naira
The SEC has responded to concerns surrounding CBEX, a platform at the centre of a major investment scam that has caused many Nigerians to lose billions of naira.
New exchange rate as naira crashes against US dollar in official market
The value of the Nigerian currency has appreciated against the United States Dollar in the official foreign exchange markets amid pressure from lower oil prices.
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