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The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to implement a 0.5 percent cybersecurity levy on electronic transfers. This...
The Economic and Financial Crimes Commission (EFCC) says 34 suspected currency speculators have been arrested for foreign exchange (FX) fraud. The EFCC, in a statement...
The naira, on Monday, appreciated to N1,120 per dollar at the parallel section of the foreign exchange (FX) market. The current FX rate signifies...
The naira, on Friday, appreciated to N1,280 per dollar at the parallel section of the foreign exchange (FX) market. The current FX rate signifies...
The Central Bank of Nigeria (CBN) says the economy recorded over $1.5 billion in foreign exchange (FX) inflow in March, indicating its monetary policy initiatives...
As part of the strategies to save the economy, the Central Bank of Nigeria (CBN) says sellers of foreign exchange (FX) of $10,000 and above...
The Central Bank of Nigeria (CBN) says it has concluded the payment of all verified foreign exchange (FX) claims by airlines with an additional $64.44 million to the concerned...
The Central Bank of Nigeria has warned Nigerians to be wary of counterfeit naira notes in circulation amid reports of currency shortage in the country....
Femi Falana, Senior Advocate of Nigeria, on Monday, said that the Central Bank of Nigeria (CBN) collected approximately 3.2 trillion Naira from various sources but...
Three days after, President Muhammadu Buhari and the Central Bank of Nigeria (CBN) are yet to respond to the Supreme Court ruling making the old...
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