CBN urges Nigerians against investing in crypto currencies

The Central Bank of Nigeria (CBN) has cautioned Nigerians against investments in cryptocurrency, noting that virtual…

Nigeria’s foreign reserve hits $42.8bn- CBN

The Central Bank of Nigeria (CBN) has said that country’s foreign reserve has hit $42,8 billion.…

FX reserves fall for nine days in a row as CBN pump fresh $195m

Nigeria’s foreign exchange reserves fell for nine days in a row as the the Central Bank…

CBN lifts currency ban for small imports

Central Bank of Nigeria (CBN) has lifted a ban on currency allocation for importers bringing in…

Nigeria central bank says has suspended some lenders from FX sales

Nigeria’s central bank has suspended several lenders from its weekly spot and forward interventions because they…

CBN to sanction banks denying forex access to SMEs

The Central Bank (CBN) threatened on Friday to sanction banks denying Small and Medium Enterprises (SMEs)…

CBN releases $250m for oil marketers, airlines, others

The Central Bank of Nigeria (CBN) on Wednesday released additional $250m on seven to 30-day forwards…

Emefiele leads International Islamic Liquidity Management Corporation

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has been elected as the Chairman of…