CBN

The Central Bank of Nigeria (CBN) on Wednesday denied stopping the publication of official exchange rate on its website, saying there’s no change in Nigeria's exchange rate structure.…

The Central Bank of Nigeria (CBN) has disclosed that there has not been any change in Nigeria’s exchange rate structure. “There has been NO change in Nigeria's exchange rate structure,” CBN…

The Central Bank of Nigeria signaled it will allow the naira to weaken past its official rate as it gradually unwinds its regime of multiple exchange rates, data on its website shows. The…

The Central Bank of Nigeria (CBN) is showing signal of exchange rate convergence as it has declared its official rate "market determined". The move will allow the naira to weaken past its…

Many older Nigerians often reminisce about the halcyon days when ₦1 was equal to $1. In fact, during the 2015 election campaign, it was rumored that President Buhari had promised to make ₦1…

Globally, industries are regulated to some extent and Nigeria is not an exemption. One may want to ask who is a regulator. The Oxford Dictionary (7th Edition) says that a regulator is a…

Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, says the bank, with some stakeholders, have identified smuggling and dumping as major challenges sabotaging the Nigerian economic…

Challenges ranging from talent recruitment, extra liquidity, lack of appointment Federal Ministers and regulatory uncertainties are impeding the five new banks licensed by the Central Bank…

The Central Bank of Nigeria (CBN) will in the third quarter (Q3) 2019 issue a total of N809.4 billion worth of Treasury Bills for various tenors while the same amount will mature in the same…

The Nigerian financial market on Thursday resumed activities after the two-day holiday, with the Central Bank of Nigeria (CBN) mopping up a total of N170 billion from the system through its…