The naira has recorded its strongest appreciation against the dollar in recent days at the parallel foreign exchange market. A Bureau de Change operator in Wuse...
The Central Bank of Nigeria (CBN) has introduced revised transaction fees for Automated Teller Machine (ATM) services, set to take effect on March 1, 2025. In...
The naira recorded a notable gain against the dollar in the parallel market over the past week, appreciating by three percent to close at N1,570/$1 on...
The Central Bank of Nigeria (CBN) on Monday announced the release of the Nigeria Foreign Exchange (FX) Code, which comes as the Naira shows signs of...
The Federal Government says it plans to begin the implementation of tax reforms in July 2025, if the the four bills now before the National Assembly...
The Central Bank of Nigeria (CBN) has introduced a temporary arrangement allowing Bureau de Change (BDC) operators to purchase up to $25,000 in foreign exchange weekly...
The Office of the National Security Adviser (ONSA) has revealed that the combined efforts of the military, police, and other security forces led to significant gains...
The Central Bank of Nigeria (CBN) has introduced updated guidelines that allow licensed Bureaux de Change (BDCs) to directly acquire foreign exchange from Authorized Dealers. This...
In a significant shift for Nigeria’s downstream petroleum sector, major oil marketers are set to begin direct purchases of Premium Motor Spirit (PMS), commonly known as...
The Central Bank of Nigeria (CBN) has disclosed that it sold $543.5 million to authorized dealer banks between September 6 and September 30, 2024, to address...
