The Association of Bureau de Change Operators of Nigeria (ABCON) has expressed joy following the deadline extension by the ...

We verified several claims made by the former Nigerian aviation minister and prominent politician in a TV interview.

Akeem Tijani, a professor of agricultural economics at Obafemi Awolowo University in Ile-Ife, western Nigeria, confirmed that Nigeria mainly exported cocoa beans but also exported smaller amounts of ...

Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

The Central Bank of Nigeria, CBN, on Monday released the Nigeria Foreign Exchange (FX) Code as the Naira appreciated against the dollar at the black market. The apex bank disclosed this in a ...

Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to the Central Bank of Nigeria ... N1,500 per dollar mark as of February ...

First Bank had obtained ... United States Dollars) or any other amount whatsoever, arising from the respondent's transactions with Atlantic Energy Drilling Concept Nigeria Limited, pending the ...

Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded in December 2024. The latest figures from the Central ...

It's worth noting that, according to the Banks and Other Financial Institutions Act (BOFIA), the Central Bank of Nigeria (CBN ... Hundred and Seventy-Nine Dollars and Sixty-Nine Cents) being ...

The Federal Government says it is deepening its security partnership with the People’s Republic of China for local arms production and military training. It says this forms part of its broader ...

In December 2020, the Central Bank of Nigeria introduced regulations requiring that international money transfers be paid out in US dollars, not Naira. Consequently, receiving dollars in Nigeria ...