
CBN - Central Bank Of Nigeria







MoreMonee, formerly known as M&M MFB, is a leading financial service provider in Nigeria, transforming the banking landscape with innovative solutions for businesses

The CBN has managed to prevent a rapid fall in the value of the naira by actively intervening in the foreign exchange market and reducing disruptions.

Nigeria's Foreign Exchange reserves have been on a downward trend since January 2025, but to everyone's relief, the trend changed last week for the better.

The global tariff war has affected the Nigerian currency leading to the naira depreciating for two weeks in the official parallel foreign exchange markets.

The Central Bank of Nigeria has revealed that businesses are optimistic about the state of the economy and expressed readiness to employ more Nigerians.

First Bank of Nigeria has provided clarification to the claims made by one of its customers that his N550 million kept in fixed deposit is missing.

The naira experienced its biggest fall on Thursday, March 13, 2025, trading at N1,549 to a dollar in the official window and N1,590 in the parallel market.

The Central Bank of Nigeria (CBN) has called for immediate action to curb the practice due to the growing trend of illicit banknote transactions.

According to Abia State Governor Alex Otti, the federal government has given the state government permission to construct a modular refinery within the state.
CBN - Central Bank Of Nigeria
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