In a significant move that is being hailed as a positive development for banks, the Central Bank of Nigeria (CBN) has reverted to ...

The Central Bank of Nigeria (CBN) has taken a significant step in its commitment to liberalize the Nigerian foreign exchange market by removing ...

The Central Bank of Nigeria (CBN) has established a minimum share capital requirement of $1 million for International Money Transfer Operators (IMTOs) operating ...

President Nana Akufo-Addo has called on banks and financial institutions to collaborate with the government in supporting the local economy and businesses by ...

In a bid to revolutionize data protection and leverage the potential of the digital economy for economic growth, the Federal Government has announced ...

The Nigerian Naira exhibited a notable 1.9% appreciation, reaching N1,455.59 against the predominant US dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), ...

In a bid to address unethical banking practices related to foreign currency manipulation, the Central Bank of Nigeria (CBN) has released fresh guidelines ...

In an effort to curb foreign exchange (forex) speculation and enhance risk mitigation, the Central Bank of Nigeria (CBN) has issued a new ...

In a circular dated January 31, 2024, the Central Bank of Nigeria (CBN) expressed its apprehension about the increasing foreign currency exposures of ...

The National Identity Management Commission (NIMC) has taken steps to enhance National Identification Number (NIN) enrolment across the country by approving the deployment ...