The Central Bank of Nigeria has said that it has no plan to convert domiciliary account holdings into naira. The apex bank said this in a statement signed by its…
Central Bank of Nigeria
Customs Increases Cargo Clearance Rate By 43 Percent
The Federal Government through the Central Bank of Nigeria has raised the exchange rate for cargo clearance from nine hundred and fifty-two per dollar to one thousand, three hundred fifty-six…
Central Bank Of Nigeria Orders Banks To Sell Excess Dollars In 24 Hours
The Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar stock latest on Thursday, February 1, 2024 in a bid to stabilise the nation’s volatile…
Central Bank Clears Airlines Verified Forex Claims
The Central Bank of Nigeria has disclosed that it has concluded payment of all verified claims by airlines with an additional sixty-four point four four million dollars to the concerned…
Former Emir of Kano, Sanusi Lamido, has urged the Central Bank of Nigeria to go ahead with the move to relocate selected departments from Abuja headquarters to Lagos. In a…
Northern Senators Decry ‘Lopsided’ 2024 Budget, Agency Relocations, Vow Peaceful Negotiations
Senators from the Northern region have raised objections to the proposed relocation of federal agencies from Abuja to Lagos, asserting that it is part of a broader issue of lopsided…