The most repeated command in the Bible is some version of "fear not!" It sounds great in theory, but let’s be honest, how can God expect us to not live in fear when everything around us feels so ...

The Central Bank of Nigeria (CBN) on Friday said it sold 543.5 million dollars through a two-way quote at the Nigeria Foreign Exchange Market (NFEM) to authorised dealer banks between on 11 dealing ...

The Central Bank of Nigeria (CBN) has announced the introduction of an electronic matching system for foreign exchange transactions in the Nigeria FX market scheduled to begin from December 1, 2024.

The Central Bank of Nigeria (CBN) has announced the introduction of the Electronic Foreign Exchange Matching System (EFEMS) for Foreign Exchange (FX) transactions within the Nigerian Foreign ...

Folashodun Shonubi, a witness in the trial of former Central Bank of Nigeria (CBN) governor Godwin Emefiele, told the High Court of the Federal Capital Territory (FCT) yesterday that the naira ...

The Central Bank of Nigeria (CBN) has temporarily withdrawn its 2024-2025 Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines due to widespread misrepresentations in the media.

COMMERCIAL banks in Nigeria may be liable to sanctions for trading blames with the Central Bank of Nigeria (CBN) over cash scarcity, with each party accusing the other of responsibility.

The CBN’s persistent monetary tightening stance means businesses must cope with higher borrowing costs. Increasing the CRR for banks means more loanable funds have been sterilised. This further ...

The statement read, “This is to inform the Bureau De Change Operators and the general public that the CBN will be providing additional liquidity to this segment of the foreign exchange market.

The Central Bank of Nigeria (CBN) has approved another sale of foreign exchange (FX) to eligible bureau de change (BDC) operators at N1,590 per dollar to meet the demand for invisible transactions.

The Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) has increased the monetary policy rate (MPR), which sets the benchmark for interest rates, from 26.75% to 27.25%. CBN governor ...

Unconvinced by the relative decline in inflation in July and August, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), yesterday resolved to raise the Monetary Policy Rate ...