CBN

Naira gains ₦4.40 against dollar in official marketNaira gains ₦4.40 against dollar in official market

Naira gains ₦4.40 against dollar in official market

The naira appreciated against the dollar in the official market, starting the week on a positive note. According to FMDQ…

3 weeks ago
No expiry date for old ₦1000, ₦500, ₦200 notes – CBNNo expiry date for old ₦1000, ₦500, ₦200 notes – CBN

No expiry date for old ₦1000, ₦500, ₦200 notes – CBN

The Central Bank of Nigeria (CBN) has clarified that all naira banknotes, including the old and new designs of the…

3 weeks ago
Naira appreciates against dollar in official, parallel marketsNaira appreciates against dollar in official, parallel markets

Naira appreciates against dollar in official, parallel markets

The naira appreciated against the dollar in both the official and parallel foreign exchange markets on Thursday. According to data…

3 weeks ago
Naira Appreciates Against Dollar 24 Hours After DeclineNaira Appreciates Against Dollar 24 Hours After Decline

Naira Appreciates Against Dollar 24 Hours After Decline

The Naira has regained value against the US dollar in the official foreign exchange market, just 24 hours after experiencing…

4 weeks ago
Naira slumps against dollar after streak of appreciationNaira slumps against dollar after streak of appreciation

Naira slumps against dollar after streak of appreciation

The naira settled at N1,538.50 per dollar in the foreign exchange market on Monday, marking its first depreciation after a…

4 weeks ago
Naira depreciates by N3.5 against dollar amid CBN’s new forex systemNaira depreciates by N3.5 against dollar amid CBN’s new forex system

Naira depreciates by N3.5 against dollar amid CBN’s new forex system

The naira settled at N1,538.50 per dollar in the foreign exchange market on Monday, marking its first depreciation after a…

4 weeks ago
CBN exposes fake SWIFT messages, issues warningCBN exposes fake SWIFT messages, issues warning

CBN exposes fake SWIFT messages, issues warning

The Central Bank of Nigeria (CBN) has uncovered a new fraudulent scheme involving fake SWIFT messages and has warned Nigerians…

2 months ago
CBN policies drive 170% rise in foreign portfolio investmentCBN policies drive 170% rise in foreign portfolio investment

CBN policies drive 170% rise in foreign portfolio investment

The Central Bank of Nigeria's (CBN) high interest rate policies and foreign exchange strategy have significantly attracted Foreign Portfolio Investors…

2 months ago
BREAKING: Court stops CBN from releasing allocation to Rivers govtBREAKING: Court stops CBN from releasing allocation to Rivers govt

BREAKING: Court stops CBN from releasing allocation to Rivers govt

Justice Joyce Abdulmalik of the Federal High Court in Abuja on Wednesday issued an order halting the Central Bank of…

2 months ago