Ahead of the CBN recapitalisation deadline, five commercial banks in Nigeria are looking to raise up to N1 trillion in ...

The Central Bank of Nigeria (CBN) has adjusted the Nigeria Customs exchange rates for cargo clearance at Nigeria's sea and ...

The Central Bank of Nigeria says it is finalizing the verification process for the remaining $2.4 billion foreign exchange (FX) backlog.

By Arize Nwobu Central banks are at the heart of the economy and they evolve monetary policies to keep a nation’s currency and economy stable. But it has been observed that central banks are often ...

By Elizabeth Adegbesan A Central Bank of Nigeria, CBN, Survey report has shown that high bank charges, poor infrastructure, ...

A significant majority of Nigerian households and businesses believe that the current inflation rate is high. This is according to ...

The FX Code is backed by the CBN Act of 2007 and the Banks and Other Financial Institutions Act (BOFIA) of 2020, which provide a robust legal framework for imposing sanctions on violators. Cardoso ...

The Central Bank of Nigeria (CBN) has called on deposit money banks and all market participants to embrace the principles of the Nigeria Foreign Exchange (FX) Code wholeheartedly, cautioning that any ...

Speaking at the event in Abuja, Cardoso said the FX Code would establish clear and enforceable standards for ethical conduct, ...

ABS-CBN President and CEO Carlo Katigbak expressed his deep appreciation for the continued success of 'FPJ’s Batang Quiapo', calling it a beacon of resilience for the network amid ongoing challenges.

NECA has commended the Central Bank of Nigeria for the launch of the Nigerian Foreign Exchange (FX) Code, describing it as a ...

The Central Bank of Nigeria (CBN) has directed participants in the foreign exchange (FX) market to submit a compliance report ...