Food Security: Agric Ministry Gets N100bn from CBN  The Central Bank of Nigeria, CBN,  has allocated N100bn and 2.15 million bags of fertilisers to the Ministry of Agriculture, to cushion the effects of high prices of food in the country. Governor of the apex bank, Olayemi...

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...

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...