Central Bank of Nigeria

Osinbajo: Nigeria mulls new forex policy

Nigeria needs a "substantial" review of its foreign exchange policies and will see very soon…

CBN joins EFCC probe of Fidelity, Sterling, Access banks

Nigeria's  central bank has joined the Economic and Financial Crimes Commission to investigate  some financial transactions in some…

Ayo Teriba: How to fix Nigeria’s foreign exchange challenges

An economist, Dr Ayo Teriba on Friday urged the Central Bank of Nigeria (CBN) to…

Nigeria’s forex reserves fall to record low $27.26billion

Nigeria's forex reserves, a marker of the economy's ability to fulfil its foreign obligations continue…

Nigeria’s forex reserve plunges to $27.49billion

Nigeria's foreign exchange reserve has fallen to $27.499 billion, its worst showing this year. Figures…

CBN warns banks over loans to OANDO

Nigeria's Fidelity bank said on Monday it had put a 22.4 billion naira ($113 million)…

Nigeria’s FOREX reserves hit one month high

Nigeria's foreign exchange reserves rose by 0.18 percent to $27.87 billion by March 29 from…

Garba Shehu: I didn’t buy $800k from CBN, vows to sue PDP

Malam Garba Shehu, Senior special  assistant to President Muhammadu Buhari has vehemently denied an accusation…

SERAP threatens to sue CBN, Emefiele over secret recruitment

Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to Mr Godwin Emefiele, Governor…

CBN aborts sophisticated fraud, suspends staff

The Central Bank of Nigeria says it has uncovered what it describes as ''a highly…