Nigeria to step-down reliance on U.S. dollar for imports from Asia as CBN starts auctioning Chinese yuan
Nigeria’s central bank will start to auction the Chinese yuan within the next month at an exchange rate to be ...
Wednesday, April 1, 2026
Tag: CBN
Nigeria’s naira down 0.28% at parallel market as CBN mops up N215.98bn via OMO
The Nigerian naira was down 0.28 percent against the United States dollar at the unofficial street currency market on Thursday ...
Nigeria central bank to conduct bi-weekly biddings as it issues regulation on Renminbi transactions
The Central Bank of Nigeria has issued regulations on Renminbi transactions in order to kick-start the N720 billion bilateral currency ...
Forex: Nigeria central bank approves wider margin for BDCs, funds market with$210m
The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin available to operators of bureau ...
Businesses, short-term investors buoy FMDQ commercial papers market to N1trn mark
Businesses looking to tap the debt market for short-term capital and investors who need to diversify their portfolios have buoyed ...
Naira outlook remains stable on CBN continued intervention
The near term outlook for the naira remains stable on the continued intervention of the Central Bank of Nigeria in ...
Central bank of Nigeria injects $331.4 m into currency market
Nigeria’s central bank said Friday it had injected $331.41 million into the interbank foreign exchange market, continuing its efforts to ...
Adelabu, Nigeria’s central bank deputy governor steps down July 15
President Muhammadu Buhari has formally accepted the disengagement of Adebayo Adelabu, deputy governor in charge of operations at the Central ...
Nigeria’s central bank sustains forex market intervention
The Central Bank of Nigeria (CBN) Wednesday, again sustained its supply in the inter-bank foreign exchange market with the sum ...
Nigeria’s central bank directs BDCs to access foreign exchange window thrice weekly
Central Bank of Nigeria has mandated all Bureau de Change Operators in the country to access foreign exchange at least ...
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