The country’s external reserves fell by $520.22 in five weeks, figures obtained from the Central Bank of Nigeria revealed. According to CBN’s data on movement
The Central Bank of Nigeria on Friday directed commercial banks to bar customers without Bank Verification Numbers and National Identity Numbers from having access to
Former governor of the Central Bank of Nigeria, Muhammad Sanusi II, has said the apex bank’s lending to the federal government under the administration of
Federal Government owned power firm, the Niger Delta Power Holding Company (NDPHC) has said that the Central Bank of Nigeria, the Nigerian Bulk Electricity Trading
The Federal Government through the Central Bank of Nigeria, has commenced payment of outstanding matured FX forwards owed to various creditors, the PUNCH can report.
JP Morgan, a US multinational financial services firm, has advocated that oil exporting companies be encouraged to sell forex proceeds on the interbank market, rather
The Central Bank of Nigeria has lifted the ban on importers of 43 items restricted from accessing foreign exchange on its official platform. It disclosed