The Naira has enjoyed relative stability against the US dollar since Dec. 2024 following the introduction of the Electronic ...

The Central Bank of Nigeria (CBN) and Deposit Money Banks on Tuesday signed the Nigeria foreign exchange code, signaling a firm ...

The Central Bank of Nigeria (CBN) has instructed the Nigeria Inter-Bank Settlement System (NIBSS) to debit commercial banks' ...

The Purchasing Managers’ Index (PMI) for Nigeria rebounded in December 2024, led by services, agriculture, indicating a return to economic expansion after two consecutive months of contraction.A ...

The Manufacturers Association of Nigeria (MAN) said that the outlook of the manufacturing sector in 2025 will largely depend ...

The Central Bank of Nigeria (CBN) has announced the immediate waiver of non-refundable annual license renewal fees for all ...

The FX Code is built on six core principles: Ethics, Governance, Execution, Information Sharing, Risk Management and ...

The Central Bank of Nigeria (CBN) has stated that the non-refundable yearly license renewal cost for 2025 will be waived, relieving financial burdens for Bureau De Change (BDC) operators. John S.

This move comes as part of stricter capital requirements aimed at supporting economic growth and strengthening the resilience of Nigeria's financial system. Zenith Bank announced on January 26 it ...

CBN has announced the cancellation of the non-refundable annual license renewal fee for Bureau De Change, BDC, operators for ...

Following its pledge to eradicate fraud, the Central Bank of Nigeria (CBN) has directed the Nigeria Inter-Bank Settlement ...

The Central Bank of Nigeria has announced that it is ready to commence repayment of all forex backlogs. The apex bank also ...