The Central Bank of Nigeria (CBN) has introduced the non-resident Nigerian ordinary account (NRNOA) and non-resident Nigerian ...

The Central Bank of Nigeria has suspended approvals for the extension of export proceeds repatriation on behalf of exporters, ...

An Arbitration Tribunal sitting in Lagos has ordered SANEF Creatives Ltd, a company owned by Bankers' Committee of the Central Bank of Nigeria, CBN, to pay the sum of N19.4 billion to Hanson Dredging ...

CBN says exporters will no longer be granted extensions past the stipulated timelines. All oil and gas export proceeds must ...

The Central Bank of Nigeria (CBN) says requests for the extension of export proceeds repatriation by authorised foreign ...

The Central Bank of Nigeria (CBN) said it has suspended the extension of approvals for the extension of export proceeds ...

The suspension of repatriation extensions underscores the CBN’s commitment to enforcing foreign exchange regulations and ...

The bank said it would no longer approve any such requests from authorised dealers acting on behalf of their customers.

The report predicts that headline inflation will remain high through September 2025 but will dip below 30.0% in the final ...

Capital importation rose by 224 percent year-on-year, YoY, to $9.04 billion in the first 10 months of 2024 (10m'24) from $2.9 billion in the same period of 2023, indicating increased foreign ...