Tag: CBN

CBN Overhauls Crude Oil Terminal Oversight: New Agent Allocations Announced

In a decisive move to bolster transparency and efficiency within Nigeria’s crucial…

Genesis Obong

Naira Climbs in Black Market, Official Rate Stable as FX Market Sees Liquidity Boost

The Nigerian naira experienced a notable divergence in its performance across the…

Genesis Obong

CBN Vows Crackdown as Naira Sees Minor Dip Amid Market Scrutiny

In a firm stance against market irregularities, Central Bank of Nigeria (CBN)…

Genesis Obong

CBN Vows to Purge FX Market, Anchor Economy on Stability

In a robust declaration, Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso,…

Genesis Obong

Senate Confirms Prof. Melvin Ayogu as CBN Board Director

The Senate on Tuesday confirmed the appointment of Professor Melvin Damian Ayogu…

Oluwadara Akingbohungbe

Naira Strengthens as CBN’s Dollar Injections Surge, Offering Fleeting Relief

In a notable shift, the Nigerian naira experienced a welcome, albeit potentially…

Genesis Obong

ICYMI: Nigerian Businesses Brace for 2025: High Interest Rates and Insecurity Loom Large

Businesses across Nigeria are projecting a challenging 2025, with high interest rates…

Genesis Obong

Naira Rises to 1530.25/$ at Official Window

At the end of trading on Wednesday, the Nigerian naira saw a…

Oluwadara Akingbohungbe