CBN - Central Bank Of Nigeria
CBN warns of Donald Trump's reciprocal tariffs as Nigeria’s foreign investment hits 2-year high
Foreign investments reached their highest level in at least two years due to attractive returns and significant rate hikes implemented by the CBN to draw in capital.
Big loss for importers as filling stations adjust price after Dangote, NNPC change price
The new price drop in the ex-gantry cost of locally refined PMS announced by the Dangote Refinery could cost product importers N13.998 billion per month.
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 governor, Olayemi Cardoso face N220m contempt suit
Olayemi Cardoso, the governor of the Central Bank of Nigeria, and others are being held in contempt for allegedly disregarding a Supreme Court order.
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.
Financial crimes: CBN sends message to banks, fintech, others about monitoring and compliance
With many Nigerians still lamenting lost investments in the recent CBEX collapse, the CBN has ordered banks and fintech to do tighten their compliance framework.
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.
Man who correctly predicted crash of Cbex said people laughed at him after he sounded alarm
A Nigerian man said Ponzi schemes are an ill wind that blows no one any good except the organisers, who end up walking away with billions of investors' funds.
CBN - Central Bank Of Nigeria
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