The Central Bank of Nigeria (CBN) has issued a warning to Point-of-Sale (PoS) operators, expressing concerns about collusion between some Deposit Money Banks (DMBs) and PoS...
Yemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has blamed the poor implementation of the naira redesign strategy for the country’s ongoing cash...
Some POS operators have limited clients to a maximum cash withdrawal of N5,000
The Naira has remained unstable over the past few months, dropping to N956/$ as revealed by the official Investor and Exporter forex window on Thursday. News...
The Central Bank of Nigeria (CBN) has categorically denied recent reports suggesting the Bank’s intentions to redenominate the country’s legal tender, the Naira, effective January 2024,...
On Sunday, the Nigeria Labour Congress (NLC) bemoaned the terrible effects of the foreign exchange crisis on the country’s economy and called for immediate currency stabilization....
The National Economic Council (NEC) confirmed on Thursday that the $3 billion emergency loan for crude oil secured by the Federal Government in August will be...
The latest innovation makes it mandatory for all Forrm M requests to go through the portal before having access to Forex.
Nigeria Labour Congress has threatened to shut down the country if the price of petrol at the pump exceeds N617, the amount at which it presently...
Speaking before the House of Representatives ad-hoc committee investigating the recent petrol price hike, Clement emphasized that the CBN lacks control over the prices of premium...