CBN

BREAKING: CBN Issues Fresh Directive To Banks Over Foreign Exchange

THE Central Bank of Nigeria (CBN) has directed commercial banks to refrain from utilizing their foreign exchange revaluation gains for…

3 years ago

BREAKING: CBN unveils FX price verification system portal

The Central Bank of Nigeria has introduced a foreign exchange price verification system designed for importers to have access to…

3 years ago

Naira To Dollar: CBN Moves To Stop Free Fall Of Exchange Rate

VAM News Update THE Central Bank of Nigeria has said it is set to take new measures to stabilise the…

3 years ago

CBN explains why the Naira has been falling

THE acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi has blamed the continuous of fall of Naira…

3 years ago

CBN: Nigeria not doing badly compared with other African countries

The Central Bank of Nigeria has said the country’s inflation rate is better compared to most African nations.   The…

3 years ago

Currency in circulation hits N2.26tn— CBN

Currency outside banks rose to N2.26tn at the end of June 2023, according to the latest figures from the Central…

3 years ago

To Tinubu’s special investigator: Uncover CBN, NNPCL mess, economists—Groups

Economists and civil society organisations have backed the appointment of a special investigator to probe the Central Bank of Nigeria,…

3 years ago

Tinubu Orders Probe Of CBN, Others, Appoints Special Investigator

VAM News Update President Bola Tinubu has appointed Jim Osayande Obazee as Special Investigator to probe the Central Bank of…

3 years ago

CBN: Gradual phasing out of old naira notes continues

The Central Bank of Nigeria has reaffirmed its commitment to gradually phase out the old N200, N500, and N1,000 naira…

3 years ago

CBN speaks on old naira, new notes as means of financial transaction in Nigeria

VAM News Update THE Central Bank of Nigeria (CBN) says plans to gradually phase out the old N200, N500, and…

3 years ago