central bank of nigeria

  1. Today's Naira Rate [04-04-2025]: Naira Hits New Low, Official Exchange Rate Plummets to N1,600 per Dollar

    Nigeria Today's Naira Rate [04-04-2025]: Naira Hits New Low, Official Exchange Rate Plummets to N1,600 per Dollar

    The Naira has depreciated to N1,600 per dollar in the Nigerian Foreign Exchange Market, marking a N31 drop from the previous day. The widening gap between official and parallel market rates has raised concerns about inflation, foreign exchange reserves, and the broader Nigerian economy, with...
    • Nigeria News
    • Article
    • 1 min read
    • central bank of nigeria foreign exchange market naira depreciation nigerian economy official exchange rate
    • Category: Business
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    Business Firm sues for N4.1b over negligence as CBN objects - The Nation Newspaper

    https://thenationonlineng.net/firm-sues-for-n4-1b-over-negligence-as-cbn-objects/
    • Kayode Israel
    • Thread
    • akintoye aluko central bank of nigeria naija news nigeria news the nation newspaper wole olanipekun zumax nigeria limited
    • Replies: 0
    • Forum: Business News Links
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    Business Demand for fx rises as naira’s depreciation continues - Daily Trust

    https://dailytrust.com/demand-for-fx-rises-as-nairas-depreciation-continues/
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    Business Inflation: Manufacturers record 90.6% rise in cost of sales - Vanguard News

    https://www.vanguardngr.com/2025/03/inflation-manufacturers-record-90-6-rise-in-cost-of-sales/
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    Business CBN ordered by Reps to suspend hike on ATM charges - The Sun

    https://thesun.ng/cbn-ordered-by-reps-to-suspend-hike-on-atm-charges/?amp
    • Kayode Israel
    • Thread
    • atm central bank of nigeria house of representatives marcus onobun naija news the sun news
    • Replies: 0
    • Forum: Business News Links
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    Business CBN expresses commitment to FX Code - Vanguard News

    https://www.vanguardngr.com/2025/03/cbn-expresses-commitment-to-fx-code-2/
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    Business Nigeria's Foreign Exchange Reserves Declined by 3.3% Despite CBN's Efforts - Legit.ng

    https://www.legit.ng/business-economy/economy/1643703-nigerias-fx-reserves-decline-drops-33-february/
  8. CBN Names 16 Directors to Drive Policy and Regulatory Reforms

    Nigeria CBN Names 16 Directors to Drive Policy and Regulatory Reforms

    The Central Bank of Nigeria (CBN) appointed 16 directors to enhance operations across key departments. The move aims to improve policy, regulatory, and supervisory functions, ensuring economic stability and innovation. New leaders include heads of IT, banking services, monetary policy, and...
    • Nigeria News
    • Article
    • 1 min read
    • cbn appointments central bank of nigeria new directors
    • Category: Business
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    Business CBN appoints 16 directors to head key dep’ts - Vanguard News

    https://www.vanguardngr.com/2025/03/cbn-appoints-16-directors-to-head-key-depts/
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    Business Naira’s value against dollar depreciates by 0.43% - Peoples Gazette

    https://gazettengr.com/nairas-value-against-dollar-depreciates-by-0-43/
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    Politics Fed Govt terminates payment of states’ liabilities - The Nation Newspaper

    https://thenationonlineng.net/fed-govt-terminates-payment-of-states-liabilities/
    • Kayode Israel
    • Thread
    • central bank of nigeria naija news oluwatoyin madein the nation newspaper unpaid liabilities
    • Replies: 0
    • Forum: Political News Links
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    Business Nigeria’s Earnings From Oil, Gas Drop By 1.65% To $45.95bn - New Telegraph

    https://newtelegraphng.com/nigerias-earnings-from-oil-gas-drop-by-1-65-to-45-95bn/#google_vignette
    • Kayode Israel
    • Thread
    • central bank of nigeria dangote refinery naija news new telegraph news president bola ahmed tinubu
    • Replies: 0
    • Forum: Business News Links
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    Business CBN’s forex policies working – Rewane - Punch Newspaper

    https://punchng.com/cbns-forex-policies-working-rewane/
  14. CBN Maintains Interest Rate at 27.5% to Curb Inflation

    Nigeria CBN Maintains Interest Rate at 27.5% to Curb Inflation

    The Central Bank of Nigeria (CBN) has kept the Monetary Policy Rate at 27.5% to stabilize the economy. Governor Olayemi Cardoso confirmed that other key monetary parameters remain unchanged, including the cash reserve ratio and liquidity ratio. The decision reflects CBN’s cautious stance in...
    • Nigeria News
    • Article
    • 1 min read
    • cbn interest rate central bank of nigeria mpr 27.5% nigeria monetary policy olayemi cardoso
    • Category: Business
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    Business CBN axes bank chiefs with toxic loans - The Nation Newspaper

    https://thenationonlineng.net/cbn-axes-bank-chiefs-with-toxic-loans/
  16. CBN Defends ATM Withdrawal Charges, Says It Benefits Customers & Banks

    Nigeria CBN Defends ATM Withdrawal Charges, Says It Benefits Customers & Banks

    The Central Bank of Nigeria (CBN) has introduced new ATM withdrawal charges, requiring customers to pay ₦100 per ₦20,000 withdrawn from other banks' ATMs. Off-site ATMs will incur an additional ₦500 surcharge. The policy, effective March 1, 2025, aims to ensure cash availability while helping...
    • Nigeria News
    • Article
    • 2 min read
    • atm transaction fees atm withdrawal charges cbn new policy central bank of nigeria nigeria bank fees
    • Category: Business
  17. Today's Naira Rate [14-02-2025]: Naira Strengthens in Parallel Market, Holding at N1,570/$1

    Nigeria Today's Naira Rate [14-02-2025]: Naira Strengthens in Parallel Market, Holding at N1,570/$1

    The Nigerian naira has stabilized in the parallel market at N1,570/$1 after fluctuating earlier in the week. Meanwhile, official rates show minor declines. Despite this relative stability, analysts warn that market forces, policy interventions, and dollar supply will continue to influence the...
    • Nigeria News
    • Article
    • 2 min read
    • central bank of nigeria naira exchange rate parallel market
    • Category: Business
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    Business CBN Warns Banks Against Pegging ATM Withdrawals Below N20,000 - Leadership News

    https://leadership.ng/cbn-warns-banks-against-pegging-atm-withdrawals-below-n20000/
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    Business Experts urge sustenance of introduced capacity in CBN - Vanguard News

    https://www.vanguardngr.com/2025/02/experts-urge-sustenance-of-introduced-capacity-in-cbn/
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    Business Black Market/CBN Exchange Rate Today, 9th February 2025 - Osun Defender

    https://www.osundefender.com/black-market-cbn-exchange-rate-today-9th-february-2025/

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