Central Bank of Nigeria (CBN) has approved the sale of dollars to bureau de change (BDC) operators at a rate of N1,580 per dollar. In a...
Central Bank of Nigeria (CBN) has threatened to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of the United States of America Dollars....
Central Bank of Nigeria (CBN) has made a clarification on the reported revocation of licenses of Bureau De Change (BDCs). It was reported earlier that in...
Central Bank of Nigeria (CBN) has proposed two categories of Bureau De Change (BDC) licence- Tier 1 and Tier 2- that would see the minimum capital...
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has revealed that N1 trillion in seed funding has been pulled together for the infrastructure...
Central Bank of Nigeria (CBN) at the weekend began gradual harmonisation of exchange rates with the removal of N379/$1 official rate from its website. The move...
The naira is inching close to N500 to the dollar and worried Central Bank of Nigeria (CBN) has criticized the unofficial window, so-called black market rate....
Central Bank of Nigeria (CBN) in a bid to check the persistent depletion in the country’s external reserves yesterday released fresh guidelines for Bureau De Change...
The Central Bank of Nigeria (CBN), has warned that it would no longer tolerate complaints from commercial bank customers over payment of mutilated notes whereas mint...