The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a maximum of $25,000 per week from a single bank.

The Federal Government is engaging the World Bank for two fresh loans totalling $580m, which are expected to be approved in ...

The Central Bank of Nigeria, CBN, yesterday, said it will suspend the dealership license of any Bureau de Change (BDC) or ...

Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to ...

Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...

Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has asked the Federal Capital Territory (FCT) High Court in ...

In its craving for best practices in the financial sector, the Central Bank of Nigeria (CBN) officially launched the foreign ...

In the face of Nigeria’s high inflation, money market mutual funds have continued to attract investor interest with competitive returns.

The Central Bank of Nigeria (CBN) has issued new guidelines permitting Bureau de Change (BDC) operators to purchase up to ...

Nigeria’s external reserves decreased by about $1.19billion in just three weeks and five days. According to data from the CBN ...

As of December 2024, the number of active bank accounts in Nigeria has reached 311.65 million, marking a significant increase ...

While ATMs remain essential, they have been overshadowed by the growing influence of POS services. This shift has led to ...