The federal government reportedly detained two top executives of the popular cryptocurrency trading platform, Binance, on Wednesday over alleged manipulations in foreign exchange trading and speculative...
The Prime Minister Biafra Republic Government in Exile, Mazi Simon Ekpa, announced that Biafrans have voted to establish Biafra digital currency, known as Biafracoin, amid the...
Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, says more than $26 billion was funnelled through the cryptocurrency platform, Binance, in the last four...
The Central Bank of Nigeria has resumed the sale of foreign currencies directly to eligible Bureau De Change Operators. CBN disclosed this in a circular dated...
Amid the continued fluctuation of the Naira against the US dollar in the foreign exchange market, the Central Bank of Nigeria says it is considering stopping...
The federal government says the efforts of the Central Bank of Nigeria (CBN) to reform the foreign exchange (FX) market have been met with ferocious resistance...
After several upward reviews in 2024, the Central Bank of Nigeria reduced the exchange rate for computing Customs duties by 2.8 per cent on Friday. Information,...
The Central Bank of Nigeria (CBN) has announced a significant policy change, directing all authorised dealer banks to cease the payout of Personal Travel Allowance (PTA)...
The Central Bank of Nigeria, CBN, has stopped international oil companies (IOCs) operating in Nigeria from immediately remitting 100 per cent of their forex proceeds to...
Yemi Kale, KPMG Nigeria partner and chief economist, told the Central Bank of Nigeria (CBN) to boost supply rather than regulate demand. The economist made this...