The CBN has received plaudits from the Association of Bureau De Change Operators of Nigeria for exempting the operators from ...

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

The value of the naira was once again strong against the dollar in both the official and unofficial foreign exchange markets ...

Cardoso has said that without the bank’s policy interventions, inflation would have surged to 42.81 per cent by December 2024.

The Central Bank of Nigeria has said that without its policy interventions, inflation could have risen to 42.81 per cent in ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to maintaining ...

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

The Central Bank of Nigeria has announced that it is ready to commence repayment of all forex backlogs. The apex bank also ...

BDC operators have commenced discussions on mergers and acquisition (M&A) in order to meet the recapitalisation deadline set ...

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 ...

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

A  Central Bank of Nigeria, CBN, survey report has shown that lenders experienced high loan default rate in the fourth ...