CBN data showed that the naira fell to N1,530.15 per dollar on Monday, from N1,517.24 last Friday; this means a loss of N12.91 on the official market. Meanwhile, on the black market, the naira ...

George Elliot, 1819-1880. After several months of trial and error, the Central Bank of Nigeria, CBN, is finally on the right track. Exchange rate is stabilising; the gap between official and ...

The report indicates that Cordros Capital anticipates a rate cut during the CBN’s policy meeting in May, highlighting that current monetary conditions remain restrictive, notwithstanding a recent ...

The Central Bank of Nigeria (CBN) has adjusted the Customs exchange rate for cargo clearance at Nigeria’s ports CBN set the new import duty rate at N1,511.802 per dollar from N1,500 per dollar ...

The Central Bank of Nigeria (CBN) has appointed 16 directors effective March 3. The appointments were said to have been made to bolster the apex bank’s operations in a number of policy-driven ...

Facilities needed for ABS-CBN's operations will be consolidated in the remaining 1.4 hectare property it will retain MANILA, Philippines – ABS-CBN is bidding goodbye to a portion of its iconic ...

According to him, the CBN’s interventions are bringing the naira back to its appropriate level. He said, “What is the fair value of the naira? When you do the PPP analysis of the naira ...

Renowned economist and CEO of Financial Derivatives Company, Bismarck Rewane, has backed the Central Bank of Nigeria’s (CBN) decision to use $8 billion to stabilize the naira, describing the move as a ...

The Central Bank of Nigeria (CBN) has reduced the Customs exchange rates to clear cargoes at Nigeria’s ports Data from the federal government trade portal shows that CBN slightly reduced the dollar ...

According to a press statement from the CBN on Sunday, Cardoso made this known during a courtesy visit to the CBN headquarters by the Saudi Arabian Ambassador to Nigeria, Faisal bin Ibrahim ...