Tag: cbn

FX Turnover Surge Lifts Naira Against Dollar   The naira rose against the US dollar at the Nigerian Foreign Exchange Market amidst a significant surge in interbank turnover, according to daily FX data published by the Central Bank of Nigeria. Dollar liquidity improved above international payment levels...

The Central Bank of Nigeria (CBN) has maintained restrictions on Bureau De Change (BDC) operators’ access to the official foreign exchange market, citing compliance risks and past abuses.  

The role of a central bank in any modern economy goes far beyond setting interest rates, supervising banks, or managing reserves.

The recent partnership between the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) to combat electronic fraud has sparked fresh optimism.

That is why the recent visibility of the Central Bank of Nigeria under Governor Olayemi Cardoso deserves serious attention.

FG to Raise N700bn Through April Bond Sale   The Federal Government plans to raise N700bn from the domestic bond market in April 2026, extending a gradual reduction in offer size as it continues to navigate elevated borrowing costs. Details from the April 2026 Federal Government of...