The Central Bank of Nigeria relies on oil sales to secure enough ... and the buy and selling rate is now above N1,600. Abudullahi, one of the BDC trader,s told Legit.ng: "The dollar buying rate ...

appreciating against the dollar and depreciating against other currencies Data from the Central Bank of Nigeria (CBN) shows that the naira closed against the pound and euro weaker Analysts have ...

Fact Check: Nigeria’s ... statement posing as one from the CBN. October 28, 2024 Nigeria signs funding deal with IFC to boost naira currency financing The central bank of Nigeria has signed ...

Nigerian central ... Bank took up his post at the Central Bank of Nigeria in June 2014, a year before President Muhammadu Buhari came to power. He was reappointed for a second five-year term in May ...

The Central Bank of Nigeria has not announced new cash denominations of 5,000 ($3.12) and 10,000 ($6.25) naira, contrary to widely viewed Facebook posts sharing a fake statement posing as one from ...

First appointed to office in 2014, he was the first central bank governor to serve more than one term since Nigeria’s return to democracy in 1999. Until his elevation to central bank governor ...

Abuja, Nigeria – The Central Bank of Nigeria has announced it will adopt Bloomberg’s BMatch solution for interbank trading in the local foreign exchange markets. Bloomberg’s Foreign Exchange ...