central bank of nigeria
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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Central Bank of Nigeria (CBN) has introduced new ATM withdrawal charges, requiring customers to pay ₦100 per ₦20,000 withdrawn from other banks' ATMs.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
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- atm transaction fees atm withdrawal charges cbn new policy central bank of nigeria nigeria bank fees
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![Today's Naira Rate [14-02-2025]: Naira Strengthens in Parallel Market, Holding at N1,570/$1](/data/attachments/213/213474-fe4f456557ac46841395d40aa8ea5439.jpg?hash=hFfFcRmkeL)
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
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- central bank of nigeria naira exchange rate parallel market
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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/- Kayode Israel
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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/- Kayode Israel
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- central bank of nigeria emem usoro naija news vanguard news yemi cardoso
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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/- Kayode Israel
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- central bank of nigeria exchange rate naija news nigeria news osun defender news
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![Today's Naira Rate [04-02-2025]: Naira Hits N1,590/$1 in Parallel Market Amid Forex Fluctuations](/data/attachments/213/213089-b0257b349600919a70cd121944ef0b9d.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [04-02-2025]: Naira Hits N1,590/$1 in Parallel Market Amid Forex Fluctuations
The Nigerian Naira saw a significant appreciation in the parallel market on Monday, strengthening to N1,590 per US dollar from N1,610 the previous week. However, in the official foreign exchange market, the currency depreciated to N1,495.60 per US dollar, down from N1,474.78. The Nigerian...- Nigeria News
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- central bank of nigeria exchange rate forex fluctuation naira parallel market
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Business CBN approves listing of CFA on NXP forms for export repatriation proceed - PM News
https://pmnewsnigeria.com/2025/02/01/cbn-approves-listing-of-cfa-on-nxp-forms-for-export-repatriation-proceed/- Kayode Israel
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Business Nigeria’s inflation would’ve hit 42.81% in December 2024 – Cardoso - Daily Post
https://dailypost.ng/2025/01/31/nigerias-inflation-wouldve-hit-42-81-in-december-2024-cardoso/- Kayode Israel
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- central bank of nigeria daily post news naija news olayemi cardoso
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![Today's Naira Rate [29-01-2025]: Naira Strengthens to ₦1,640/$ as Central Bank Reforms Take Effect](/data/attachments/212/212887-ae4c53b753b3bb5f9c93ec1a4c7b6405.jpg?hash=PERHMQHP25)
Nigeria Today's Naira Rate [29-01-2025]: Naira Strengthens to ₦1,640/$ as Central Bank Reforms Take Effect
The Nigerian naira strengthens to ₦1,640 per dollar in the parallel market, reflecting positive trends amid ongoing reforms by the Central Bank of Nigeria (CBN). The CBN’s policy interventions, including the launch of EFEMS and the FX code, are expected to stabilize the currency and attract...- Nigeria News
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- central bank of nigeria foreign exchange market parallel market
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Business Wema Bank to raise N200bn via rights, private placement - Punch Newspaper
https://punchng.com/wema-bank-to-raise-n200bn-via-rights-private-placement/- Kayode Israel
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- central bank of nigeria moruf oseni naija news punch newspaper wema bank
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![Today's Naira Rate [16-01-2025]: Naira Depreciates Across Markets as Parallel Rate Hits N1,670/$](/data/attachments/212/212467-7ad061fd1f2730f2dc92b5294d057d7b.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [16-01-2025]: Naira Depreciates Across Markets as Parallel Rate Hits N1,670/$
The Naira has depreciated to N1,670 per dollar in the parallel market, while its official rate stands at N1,550 per dollar. This shift reflects the widening gap between the parallel and official exchange markets, as reported by the Central Bank of Nigeria. The Naira experienced further...- Nigeria News
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- 1 min read
- central bank of nigeria foreign exchange market naira depreciation official exchange rate parallel market
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Business First City Monument Bank Announces Appointment of Executive Director - Linda Ikeji’s Blog
https://www.lindaikejisblog.com/2025/1/first-city-monument-bank-announces-appointment-of-executive-director.html- Kayode Israel
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Business Debt servicing gulps N8.94tr in 9 months as deficit widens - The Sun
https://thesun.ng/debt-servicing-gulps-n8-94tr-in-9-months-as-deficit-widens/?amp- Kayode Israel
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![Today's Naira Rate [31-12-2024]: Naira Sees Improvement as Parallel Market Rate Drops to N1,650](/data/attachments/211/211938-c67b02c939f9c8481152d37dbd74bdcd.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [31-12-2024]: Naira Sees Improvement as Parallel Market Rate Drops to N1,650
The Nigerian Naira appreciated to N1,650 per dollar in the parallel market on December 31, 2024, from N1,655 the previous day. In the official market, the currency strengthened to N1,535 per dollar. The Central Bank of Nigeria plans policy changes to reduce the gap between the parallel and...- Nigeria News
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- central bank of nigeria naira appreciation naira to dollar exchange rate nigerian currency parallel market exchange rate
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![Today's Naira Rate [25-12-2024]: Naira’s Depreciation Continues as Parallel Market Hits N1,650/$](/data/attachments/211/211746-fc88bc2cf08b62eccef5f97dcdd14191.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [25-12-2024]: Naira’s Depreciation Continues as Parallel Market Hits N1,650/$
The Naira has depreciated to N1,650 per US dollar in the parallel market, continuing its downward trend. While the official market shows a slight improvement to N1,537 per dollar, the gap between the two markets widens, posing challenges for Nigeria's currency stability as analysts forecast...- Nigeria News
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- central bank of nigeria forex market stability naira depreciation nigeria exchange rate parallel market
- Category: Business
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![Today's Naira Rate [12-12-2024]: Naira Slips to N1,720/$ as FX Rate Gap Widens by N175](/data/attachments/211/211289-4523aaaef2728cb1682e6b0e5d6eacb3.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [12-12-2024]: Naira Slips to N1,720/$ as FX Rate Gap Widens by N175
The naira depreciated to N1,720 per dollar in the parallel FX market on December 11, 2024, widening the gap between official and parallel rates to N175. This marks a continuation of the naira's decline, which has affected both markets amid economic uncertainty in Nigeria. The naira has continued...- Nigeria News
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- central bank of nigeria fx market gap naira depreciation parallel market
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Business Nigeria’s money supply rises 48% to N107.7trn - Vanguard News
https://www.vanguardngr.com/2024/12/nigerias-money-supply-rises-48-to-n107-7trn/- Kayode Israel
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Nigeria Naira Climbs to N1,535: Black Market Operators Forecast Further Gains to N1,200
The Naira has increased to N1,535 in the official market and N1,555 in the black market, driven by the Central Bank of Nigeria's new Electronic Foreign Exchange Matching System (EFEMS). Black market operators predict further gains, with projections reaching N1,200 for the Naira by next week...- Nigeria News
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- black market exchange rate central bank of nigeria efems forex system naira appreciation usd to naira exchange rate
- Category: Business
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![Today's Naira Rate [09-12-2024]: Naira Hits N1,550/$ in Parallel Market, Official Rate Experiences Minor Drop](/data/attachments/211/211197-6f69f06e74344fc092be918cd69a3c80.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [09-12-2024]: Naira Hits N1,550/$ in Parallel Market, Official Rate Experiences Minor Drop
The Naira appreciated in the parallel market, trading at N1,550 per dollar, gaining N5 from last weekend. However, the official market saw a slight depreciation of N1,538. The exchange rate gap between the two markets narrowed to N12, reflecting ongoing stabilization efforts by the Central Bank...- Nigeria News
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- central bank of nigeria exchange rate naira appreciation parallel market
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Business Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 4th December 2024 - NaijaNews
https://www.naijanews.com/2024/12/04/black-market-dollar-usd-to-naira-ngn-exchange-rate-today-4th-december-2024/- Kayode Israel
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- central bank of nigeria exchange rate naija news naijanews news olayemi cardoso
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