The Central Bank of Nigeria (CBN) says it has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM)....
The Federal High Court in Abuja fixed March 25 for ruling on an application filed by the Economic and Financial Crimes Commission (EFCC) for a final...
The Central Bank of Nigeria (CBN) has granted licences to 82 bureau de change (BDCs) to operate under its revised guidelines from November 27, 2025. On...
The Nigeria’s currency, naira, extended its positive run on Thursday, trading at N1,455 to the United States dollar on the Nigeria Foreign Exchange Market (NFEM), while...
A prosecution witness for the Economic and Financial Crimes Commission (EFCC) told the Federal High Court in Abuja on Thursday how $12 million was exchanged in...
The Naira continued its upward trend on Thursday, appreciating to N1,553.11 per dollar at the official foreign exchange market. According to figures released by the Central...
The Central Bank of Nigeria’s (CBN) recapitalisation deadline for Bureau De Change (BDC) operators officially expired on Tuesday, June 3, 2025, triggering an industry shake-up that...
The Central Bank of Nigeria (CBN) has once again held its benchmark interest rate steady, maintaining the Monetary Policy Rate (MPR) at 27.5 percent. The decision...
A witness for the Economic and Financial Crimes Commission (EFCC) has alleged that Saleh Mamman, the former Minister of Power, paid him ₦200 million for a...
Nigeria’s foreign exchange reserves have dropped by $2.2 billion as the Central Bank of Nigeria (CBN) continues its efforts to support the Naira and settle a...
