News

Legit.ng on MSN2d
Naira Stable at N1,551 as CBN Sells $41 Million to Forex Dealers, Updates Exchange Rates
The Central Bank of Nigeria (CBN) has updated the foreign exchange rate after selling $41 million to authorised dealers in ...
Legit.ng on MSN2d
CBN Releases New Dollar Rates For Imported Products, Importers to Pay Less For Customs Duty
The Central Bank of Nigeria (CBN) has adjusted the Customs foreign exchange rate to clear goods at Nigeria's sea and airports ...
Nairametrics3d
Fidelity Bank to exit CBN forbearance June 30, paving way for 2025 dividend payout
Fidelity Bank has announced its commitment to exit Central Bank of Nigeria (CBN) forbearance arrangements by the end of the first ...
Business Hallmark6d
CBN boosts FX intervention to stabilize naira as reserves fall to $38bn
The Central Bank of Nigeria (CBN) intensified its efforts to stabilize the naira in May 2025, injecting a total of $580 million into the foreign exchange (FX) market amid rising corporate demand for U ...
Leadership5d
CBN Affirms Banking Sector Strength, Issues Routine Transitional Guidance
According to a statement that was issued by the Central Bank on Tuesday night, the step was part of the CBN’s broader, ...
Tribune Online on MSN6d
CBN injects $580m to stabilise Naira amid dwindling reserves
THE Central Bank of Nigeria (CBN) injected $580 million into the foreign exchange (FX) market in May 2025 as part of aggressive efforts to stabilize the naira and bolster market confidence. This ...
Leadership4d
CBN’s Dividend Suspension Threatens Banks’ Capital Raising Drive – Market Operators
Nigeria’s tier 1 banks are expected to suspend dividend payout over the next three years following the Central Bank of ...
Arise News6d
Mixed Reactions Follow CBN’s Suspension of Dividends, Bonuses in Forbearance-Affected Banks
Analysts have given mixed reactions to the CBN’s move to suspend dividends, bonuses offshore investments for banks under ...
The Punch on MSN4d
CBN forbearance: Zenith, Access to comply June 30
Zenith Bank and Access Holdings have said that they would comply with the Central Bank of Nigeria’s directive on regulatory forbearance by June 30. This ...
InsuranceNewsNet4d
CBN Issues Routine Transitional Guidance to Select Banks
The Central Bank of Nigeria has introduced time-bound measures for some banks still completing their transition from the temporary regulatory support provided in response to the economic impact of the ...