Central Bank of Nigeria

Emefiele visits UK, USA in search of investors

Amidst the dwindling fortunes of Nigeria's currency,  central bank governor, Godwin Emefiele flew to Britain…

CBN warns against panic withdrawals, says no bank is in distress

The Central Bank of Nigeria, CBN has affirmed that contrary to ongoing rumours, the Nigerian…

Naira-Settled OTC FX Futures will boost foreign portfolio investment- Experts

Some financial experts on Monday said that the first Naira-Settled OTC FX Futures Market launched…

CBN to clear backlog of forex demand

The Central Bank of Nigeria has announced plans to clear all existing backlog of Foreign…

Naira tumbles 30% officially

The Naira slumped 30 percent against the dollar on Monday after the Central Bank of…

CBN new guidelines insufficient to solve foreign exchange crisis- Economist

Mr Ayo Teriba, Chief Executive Officer, Economic Associates has urged the Federal Government to seek…

Financial expert commends CBN’s new forex policy

The Managing Director of the Cowry Asset Management, Mr Johnson Chukwu, on Wednesday, commended the…

Key points in Central Bank of Nigeria’s ‘float’ of the naira

The Central Bank of Nigeria, CBN, on Wednesday announced a "purely" market-driven" window for interbank…

Nigeria ditches naira peg, introduces floating exchange rate

(Reuters) - Nigeria's central bank will open a "purely" market-driven window for interbank foreign exchange…

New petrol price based on N285 to $1, says Kachikwu

Nigeria's government has used a lower currency rate than its official central bank rate for…