Tag:Central Bank of Nigeria (CBN)

NECA Says CBN’s New FX Code Will Transform Nigeria’s Foreign Exchange Market

The Nigeria Employers’ Consultative Association (NECA) has praised the Central Bank of Nigeria (CBN) for the launch of the Nigerian Foreign Exchange (FX) Code,...

Banking Blunder: CBN Cracks Down on Zenith, Fidelity, UBA, 6 others for hoarding cash

Nine Deposit Money Banks (DMBs) have been fined a total of N1.35 billion for failing to adequately load their Automated Teller Machines (ATMs) during...

Buhari to unveil redesigned naira

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says President Muhammadu Buhari will unveil new N200, N500, and N1,000 banknotes...

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Tinubu’s Appointment Violates Constitution, Will Boomerang – Ndume

Senator Ali Ndume, senator representing Borno south, has raised concerns over President Bola Ahmed Tinubu's recent appointment, claiming that...
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Naira Drops to N1,612 per Dollar Amid FX Market Pressures

On Monday, the Naira fell to N1,612 per Dollar at the official foreign exchange (FX) market, marking its lowest...

Four Gospel Singers Die in Fatal Ogun Auto Crash

Four well-known Nigerian gospel singers tragically lost their lives in a devastating car accident along the Ikorodu/Sagamu Road in...

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Tinubu’s Appointment Violates Constitution, Will Boomerang – Ndume

Senator Ali Ndume, senator representing Borno south, has raised...

Naira Drops to N1,612 per Dollar Amid FX Market Pressures

On Monday, the Naira fell to N1,612 per Dollar...