Wednesday, February 11, 2026
CBN policies propel uptrend in Nigeria’s FX reserves to $40.23bn
Bamidele Famoofo The latest data from the Central Bank of Nigeria (CBN) indicates a notable improvement in the country's foreign...
Read moreDetailsCBN sets $100,000 minimum trade limit on new electronic FX platform
Onome Amuge The Central Bank of Nigeria (CBN) has set a new minimum trade size of $100,000, with increments of...
Read moreDetailsNigeria loses N13trn to forex subsidy — World Bank
Business a.m. The federal government incurred a significant loss of N13.2trn in foregone revenue as a direct consequence of the...
Read moreDetailsDelay in resolving $2.4bn CBN’s FX forwards contracts threatens economy
PHILLIP ISAKPA IN LONDON, UK The lingering delay by the Central Bank of Nigeria (CBN) to reach a final resolution...
Read moreDetailsABCON talks collaboration, guidance with SEC on digital currency harmonisation
Business a.m. The Association of Bureaux De Change Operators of Nigeria (ABCON) has reached out to the Securities and Exchange...
Read moreDetailsNigeria’s subnationals, under FX pressure, want suspension of foreign debt repayment
ONOME AMUGE IN LAGOS, NIGERIA Nigeria's foreign debt stock has been on a steady climb over the past year, hitting ...
Read moreDetailsFX market to remain unsettled for months, say Coronation analysts
PHILLIP ISAKPA IN LONDON, UK Nigeria’s foreign exchange market will remain unsettled for a few more months and any expectation...
Read moreDetailsCBN’s FX Interventions top $581m in 2024- FMDQÂ
Business a.m. The Central Bank of Nigeria (CBN) has committed $581 million to foreign exchange interventions at the Nigeria Autonomous...
Read moreDetailsABCON sees further naira recovery on CBN recall of BDCs to FX market
Business a.m. The Association of Bureaux de Change Operators of Nigeria (ABCON) sees the recovery of the Naira continuing on...
Read moreDetailsCBN Unlocks $7 Billion Stuck in Foreign Exchange Transactions
Business a.m. The Central Bank of Nigeria (CBN) has announced that it has fulfilled its promise to process the backlog...
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