Central Bank of Nigeria

CBN re-instates banks banned from forex market

The Central Bank of Nigeria (CBN) has re-instated all the banks that were banned from…

CBN approves new International Money Transfer Operators

The Central Bank of Nigeria (CBN) has issued licence to more International Money Transfer Operators…

LCCI urges review of suspension of some banks from forex market

The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria…

Banks clarify positions on forex sanction by CBN

Some banks on Wednesday clarified their positions on the alleged suspension from the foreign exchange…

CBN bars 9 banks from forex transactions over failure to remit $2.1b to TSA

The Central Bank of Nigeria on Tuesday suspended nine banks from all foreign exchange transactions…

Manufacturers to get 60% forex from authorised dealers

The Central Bank of Nigeria (CBN) has directed authorised foreign exchange dealers to allocate at…

CBN grants Fidelity Bank e-commerce platform license

The Central Bank of Nigeria (CBN) has granted Fidelity Bank Plc final license to operate…

Why Pilgrims got forex at N197 to dollar exchange rate – CBN,NAHCON

The Central Bank of Nigeria (CBN) has debunked claims in certain quarters suggesting that prospective…

CBN warns against patronage of unregistered money transfer operators

The Central Bank of Nigeria (CBN), has advised Nigerians at home and in the Diaspora…

CBN directs banks to sell forex to BDCs

The Central Bank of Nigeria (CBN) has directed agent banks to approved international money transfer…