The Central Bank of Nigeria has announced that it is ready to commence repayment of all forex backlogs. The apex bank also ...

Mr. Olayemi Cardoso, has issued a strong warning to banks, stating that any institution found guilty of foreign exchange (FX) ...

The Central Bank Governor Olayemi Cardoso has announced that the forensic verification of the $7 billion FX backlogs is nearing ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the completion of forensic verification to ...

The FX Code is backed by the CBN Act of 2007 and the Banks and Other Financial Institutions Act (BOFIA) of 2020, which provide a robust legal framework for imposing sanctions on violators. Cardoso ...

The Central Bank of Nigeria (CBN) has introduced the Nigeria Foreign Exchange Code (FX Code), aimed at fostering transparency ...

The Central Bank of Nigeria Governor, Olayemi Cardoso, on Thursday, said the country’s Gross Domestic Product is expected to ...

The Nigerian naira has found some relative calmness on the back of some policy actions implemented by the current government, ...

The Central Bank of Nigeria (CBN) has launched the Nigeria Foreign Exchange Code (FX Code) with a vision for a foreign exchange market built on integrity, ...

The Central Bank of Nigeria (CBN) has called on deposit money banks and all market participants to embrace the principles of the Nigeria ...

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...

The CBN has directed foreign currency market participants to submit compliance reports outlining their adherence to the ...