Naira Strengthens Against Dollar, Closes January at N1,475/$1
The Nigerian Naira staged a remarkable comeback in January 2025, closing…
Nigeria Clears $7bn Forex Backlog, Boosting Investor Confidence
The Central Bank of Nigeria (CBN) has announced that it has cleared…
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…
CBN Governor Cardoso Reveals Nigeria Lost ₦6.2 Trillion to FX Subsidy in 2022
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has…
Naira Rises as CBN Supplies $245 Million
The naira closed the official foreign exchange (FX) market on a positive…
CBN Eases Access to Forex for Milk and Dairy Imports
The Central Bank of Nigeria (CBN) has announced the lifting of restrictions…
ONSA, CBN Collaborate to Tackle Forex Speculators
The Office of the National Security Adviser (ONSA) and the Central Bank…
CBN Introduces New Guidelines to Curb Forex Speculation by Banks
The Central Bank of Nigeria (CBN) has issued a new set of…