According to data from the Central Bank of Nigeria (CBN), Nigeria’s external reserves decreased by 0.68 percent to $36.620 billion as of August 12, 2024, from...
The net inflow of foreign exchange into Nigeria reached $25.4 billion in the first half of 2024, according to the Central Bank of Nigeria, which continues...
About 26 banks put in bids totaling $876.26 million, which the Central Bank of Nigeria (CBN) sold to end customers. The action aims to support the...
As of July 8, 2024, the Central Bank of Nigeria reported that Nigeria’s external reserves stood at $35.05 billion. This is the first time under President...
The Central Bank of Nigeria (CBN) has stated that there are no plans to stop the distribution of new naira notes. Dr. Isa AbdulMumim, the bank’s...
The Central Bank of Nigeria (CBN) has dissociated itself from a popular online job board that claimed to be conducting hiring on the bank’s behalf. The...
On Friday, Rivers State Governor Nyesom Wike supported the Supreme Court’s decision extending the use of old N200, N500, and N1,000 notes to December 31, 2023....
In light of the dearth of naira, the Independent National Electoral Commission (INEC) claims to have obtained a “significant chunk” of the cash it asked from...
Social media users have been sharing a video of some Nigerian men carrying sacks of old N500 and N1000 notes to the Central Bank of Nigeria...
The Central Bank of Nigeria (CBN) has warned Nigerians not to make money bouquets, calling it an abuse of the country’s currency. The apex bank urged...
