thus lowering its FX exposure,” boost net foreign reserves and external buffers, the Abuja-based Central Bank of Nigeria said in emailed statement.

The Central Bank of Nigeria, CBN recorded a 41.3 percent year-on-year, YoY decline in loss to N680.62 billion loss in the financial year ending December 31st 2024 from N1.16 trillion loss recorded ...

The commissioner of police ordered a thorough investigation to determine the circumstances surrounding the incident.

As Nigeria’s external sector undergoes transformation, SAMI TUNJI examines how foreign exchange reforms, declining central bank dominance, rising diaspora inflows, and transparency are redefining the ...

The Central Bank of Nigeria (CBN) has reported that the value of its gold reserves rose to N2.77 trillion as at 31 December 2024, up from N1.28 trillion recorded at the end of 2023. This was disclosed ...

The Federal High Court in Abuja on Friday rejected an interim restraining motion filed by eNaira Payment Solutions Limited against the Central Bank of Nigeria’s (CBN) use of the “eNaira” trademark.

The World Bank has reiterated its commitment to promoting disability-inclusive access to Water, Sanitation and Hygiene (WASH) services in Nigeria through ... issue and is central to achieving ...

Letters of investigation and invitations were dispatched to key stakeholders, including the Director General of the Budget Office, the Accountant General of the Federation, and senior officials from ...

WASHINGTON , May 1, 2025 /PRNewswire/ -- Nigeria has significantly increased its resilience to external shocks, Central Bank of Nigeria (CBN) Governor ...

The space, originally a bank, features mottled dark red rusted steel panels and ... The concept of a «curatorial composite space» became the central theme. The space needed to accommodate daily ...