The Central Bank of Nigeria has approved the waiver of the 2025 annual license renewal fee for all existing Bureau De Change operators.This was disclosed in a circular dated January 24, 2025, signed ...

The Central Bank of Nigeria Governor, Olayemi Cardoso, has issued a stern warning to financial institutions, emphasising that violations of the newly launched Nigeria Foreign Exchange Code will ...

The saying that technology moves faster than regulation will always hold true regardless of the sector. Whether it is ...

Sterling Bank Limited has petitioned the Inspector-General of Police, Kayode Egbbetokun to address the alleged use of the ...

The federal government is targeting over $3 billion annually through the National Single Window (NSW), a unified digital ...

The Central Bank of Nigeria (CBN) and Deposit Money Banks on Tuesday signed the Nigeria foreign exchange code, signaling a firm ...

The Purchasing Managers’ Index (PMI) for Nigeria rebounded in December 2024, led by services, agriculture, indicating a return to economic expansion after two consecutive months of contraction.A ...

The Manufacturers Association of Nigeria (MAN) said that the outlook of the manufacturing sector in 2025 will largely depend ...

Exorbitant fees for basic banking services like withdrawals and account maintenance have only made the financial difficulties ...

The FX Code is built on six core principles: Ethics, Governance, Execution, Information Sharing, Risk Management and ...

Speaking at the event in Abuja, Cardoso said the FX Code would establish clear and enforceable standards for ethical conduct, ...

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