News

Legit.ng on MSN5h
See more as CBN releases latest naira to dollar exchange rates
The Central Bank of Nigeria has revealed that the latest naira exchange rate as dollar bounces back against the Nigerian ...
Nairametrics6h
CBN directs banks to adopt PAPSS for transaction processing
The Central Bank of Nigeria (CBN) has directed all banks operating in the country to adopt the Pan-African Payment and ...
Vanguard6h
CBN announces revised documentation requirements for PAPSS transactions
The Central Bank of Nigeria (CBN) has announced revised documentation requirements for transactions conducted through the Pan ...
Nairametrics5h
Exchange rate depreciates to N1,596/$1 at official market
The exchange rate between the naira and the US dollar depreciated to N1,596/$1 at the official Nigerian Foreign Exchange Market ...
Fact Check: Nigeria’s central bank did not announce new 5,000- and 10,000-naira notes
The Central Bank of Nigeria has not announced new cash denominations of 5,000 ($3.12) and 10,000 ($6.25) naira, contrary to ...
Legit.ng on MSN5d
Report: Currency in circulation falls to N5trn amid CBN's intervention
Money and credit statistics on the CBN's website show that as of March 2025, there was N5 trillion in naira in circulation, ...
Business Day6d
Maintaining price stability remains CBN’s focus despite renewed inflationary pressure
One of the key goals of the Central Bank of Nigeria (CBN) is to maintain price stability, and this means keeping inflation ...
AllAfrica.com23d
Nigeria: CBN Injects $197.71 Million Into FX Market Amidst US Import Tariff Hike
Data posted on the CBN website indicated that the naira closed at N1,567/$1 on Friday, marking almost 1 per cent depreciation from the N1,553/$1 recorded on Thursday. "These developments were as a ...