
CBN - Central Bank Of Nigeria







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.

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 has announced plans to secretly monitor bureau de change (BDC) operators to ensure they follow rules against money laundering and terrorism financing.

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.

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.

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.

A Nigerian man said his friend invested $40,000 in Cbex, a Ponzi scheme which collapsed and trapped the funds of investors. The story is trending on X.

A Nigerian man has warned people that there is another Ponzi scheme which may end up crashing like Cbex. He advised people to avoid such platforms.

A Nigerian man has mentions another investment platform that is allegedly a Ponzi scheme, insisting that people who are involved should withdraw.
CBN - Central Bank Of Nigeria
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