CBN Increases Customs FX Clearance Rate N1,612 Per Dollar The Central Bank of Nigeria (CBN) has increased the FX rate for clearance of goods at different import points by N18.44 from N1593.84/$ to N1612.28/$. This is according to the latest information available on the exchange rate...

Top officials of the Independent National Electoral Commission (INEC), the Presidency, including cabinet members in the administration of former President Muhammadu Buhari, have been fingered as beneficiaries of the $6.2 million windfall allegedly shared with some Politically Exposed Persons (PEPs) by former Central Bank of Nigeria (CBN) governor, Godwin Emefiele.

Top officials of the Independent National Electoral Commission (INEC), the Presidency, including cabinet members in the administration of former President Muhammadu Buhari, have been fingered as beneficiaries of the $6.2 million windfall allegedly shared with some Politically Exposed Persons (PEPs) by former Central Bank of Nigeria (CBN) governor, Godwin Emefiele.

Naira Stabilises at ₦1,600 Per Dollar in Black Market The Naira has remained relatively stable against the US dollar, maintaining its rate of ₦1,600 at the black market. It is however selling at ₦1,615 per dollar. Meanwhile, the official exchange rate set by the Central Bank of...

Naira Stabilises at ₦1,600 Per Dollar in Black Market The Naira has remained relatively stable against the US dollar, maintaining its rate of ₦1,600 at the black market. It is however selling at ₦1,615 per dollar. Meanwhile, the official exchange rate set by the Central Bank of...

Nigeria's Total Trade Hits N26.80trn in Q4 - NBS Nigeria's total trade has reached N26.80 trillion in the fourth quarter of 2023, according to new data released by the National Bureau of Statistics (NBS). However, the country's trade deficit widened significantly, as imports far outpaced exports. According...