In 2022, Nigeria missed out on a potential N6.2 trillion due to its less flexible foreign exchange (FX) regime —a loss that ...

THE Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has criticized the actions of desperate buyers in the ...

The Central Bank of Nigeria (CBN)  has threatened to impose fines on erring players in the financial sector over the ongoing ...

The Chartered Institute of Bankers of Nigeria and the banking community have celebrated contributions by the Central Bank ...

The Central Bank of Nigeria Governor, Olayemi Cardoso said the federal government spent N6.2 trillion on foreign exchange ...

Speaking during the 59th Annual Bankers Dinner organized by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, ...

According to the CBN governor, since June 2024, the naira has remained stable, despite some pressure points from both ...

There are several implications for all financial market segments that deal with forex from the adoption of the FX strategy, ...

The foreign exchange market experienced a boost in dollar supply, surging by 61.9% to $43bn in the official foreign exchange market in the first 11 months of 2024.

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the country’s foreign reserves rose to $40.88 billion as ...

Central Bank of Nigeria Governor Olayemi Cardoso gave a clear signal that high interest rates would be eased in coming months ...

The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that the country lost more to foreign ...