The Central Bank of Nigeria (CBN) on Wednesday, March 25, said it has scrapped the cash pooling requirement for International Oil Companies (IOCs), ...

The Central Bank of Nigeria (CBN), on March 24, directed all International Money Transfer Operators (IMTOs) operating in the country to open and ...

Nigeria’s currency, the naira, weakened further against the United States, US, dollar at the official foreign exchange market on Thursday, closing at ₦1,341.35 ...

The naira extended its rally on Tuesday, February 10, appreciating to N1,349.5 against the United States, US, dollar in the official market — ...

The Central Bank of Nigeria, CBN, has granted licensed Bureau De Change, BDC, operators access to the Nigerian Foreign Exchange Market, NFEM, setting ...

The naira on Thursday, January 29, strengthened to N1,393.96  against the United States (U.S) dollar at the official foreign exchange market, marking its ...

The Central Bank of Nigeria (CBN) has refuted reports claiming it allocated $1.269 billion in Foreign Exchange (FX) for petroleum product imports in ...