CBN Sells $543.5m to Dealers, Introduces New FX System
Nigeria’s Central Bank Sells $543.5 Million to Stabilize Foreign Exchange Market The Central Bank of Nigeria (CBN) has announced that […]
CBN
CBN Mandates FX Code Compliance by Dec 31, 2024
Central Bank of Nigeria Takes Step Towards Better Foreign Exchange Regulation As part of its efforts to strengthen Nigeria’s foreign
CBN Introduces EFEMS to Boost FX Market Governance and Transparency
Nigeria’s Central Bank Introduces Electronic Foreign Exchange Matching System to Boost Transparency and Market Efficiency The Central Bank of Nigeria
Tinubu’s Presidency Clears N30 Trillion Debt, Cuts Interest Ratio
Nigeria’s President Tinubu: Economy Undergoing Reforms, N30 Trillion Debt Cleared President Bola Ahmed Tinubu of Nigeria has announced significant progress
Nigeria’s M2 Money Supply Rises 65% to N107.1 Trillion
Nigeria’s Money Supply Sees 65% Year-On-Year Growth in August 2024 The Central Bank of Nigeria (CBN) has released data showing
CBN Sells $20,000 to Bureau De Change Operators at N1,590/$ Rate
Nigeria’s Central Bank Injects $20,000 into Foreign Exchange Market The Central Bank of Nigeria (CBN) has announced a move to
CBN Raises Interest Rate to 27.25%, Hikes Cash Reserve Ratio
Nigeria Ramps Up Interest Rates Fifth Time This Year as inflation Eases In response to rising inflation concerns, the Central
Nigeria’s External Reserves Hit 22-Month High at $37.39 Billion
Here’s the rewritten article: Nigeria’s External Reserves Reach 22-Month High Nigeria’s economy has received a significant boost as its external
Nigerian Experts Warn Against Rate Hikes
Central Bank of Nigeria Urged to Pause Interest Rate Hikes Amid Inflation Moderation In a move that could impact Nigeria’s
CBN Withdraws 2024-2025 Policy Guidelines to Avoid Misinterpretation
The Central Bank of Nigeria (CBN) has announced the temporary withdrawal of its “Monetary, Credit, Foreign Trade, and Exchange Policy