As the festive season draws closer, the Central Bank of Nigeria (CBN) has moved to address the recurring challenge of currency scarcity by assuring Nigerians of sufficient banknotes to meet demand ...
Operators of licensed Bureau De Change (BDC) all over Nigeria are fighting to remain in business as the Central Bank of ...
In February 2024, the apex bank announced the resumption of forex sales to the BDCs following the revocation of operational licenses of over 4,173 of these licensed currency traders over their failure ...
Nigeria’s first interest rate cut in five years will reduce the government’s debt servicing costs by more than ₦1 trillion while easing pressure on households through falling inflation and commodity ...