Naira Strengthens Against Dollar, Closes January at N1,475/$1
The Nigerian Naira staged a remarkable comeback in January 2025, closing…
CBN Approves CFA Franc for Export Proceeds Repatriation, Says NEPC
The Nigeria Export Promotion Council (NEPC) has announced that the Central Bank…
Nigeria E-Payments Hit Quadrillion Naira Milestone in 2024
Nigeria's digital economy has taken a monumental leap, with e-payment transactions reaching…
Nigeria Clears $7bn Forex Backlog, Boosting Investor Confidence
The Central Bank of Nigeria (CBN) has announced that it has cleared…
CBN Waives 2025 License Renewal Fee for Bureau De Change Operators
The Central Bank of Nigeria (CBN) has stated that the 2025 licence…
CBN Launches FX Code to Promote Transparency, Fairness in Nigeria’s Forex Market
The Central Bank of Nigeria (CBN) has introduced the Nigeria Foreign Exchange…
Nigeria’s Economy Shows Signs of Life: PMI Surges Back Above 50
Nigeria's economy, after a brief period of contraction, has shown signs of…
Nigeria’s Foreign Reserves Plummet by $832 Million in January
Nigeria's foreign exchange reserves have taken a significant hit, plummeting by a…