Just In: CBN extends use of old N200, N500, N1000 naira notes indefinitely

This is in line with international best practices and to forestall a repeat of earlier experiences The Central Bank of Nigeria, CBN, has announced that...

Economy: CBN restores 43 items restricted from FX, vows to clear forex backlog

The Central Bank of Nigeria, CBN, on Thursday restored the 43 items previously prohibited from access to foreign exchange (FX). The Director of Corporate Communications...

Nigeria’s Economy To Pick Up In 15 Months, Says Shettima

Vice President Kashim Shettima has challenged local and foreign investors to make Nigeria a global investment hub as he affirms President Bola Ahmed Tinubu's...

CBN Gov. Cardoso Vows to Tackle Inflation, Naira, Forex Crises

"For the type of economy that we want, we need to have an exchange rate that is stable and we must apply short and...

Senate confirms Olayemi Cardoso as CBN Governor, others as deputies

The Senate on Tuesday confirmed Mr Olayemi Cardoso as Governor of the Central Bank of Nigeria, CBN. Other nominees who were confirmed as Deputies to...

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