Tag: Central Bank of Nigeria

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The Central Bank of Nigeria has stated that there are no intentions to carry out a redenomination of the Naira

The Central Bank of Nigeria has officially stated that there are no intentions to redenominate or restructure the naira notes in 2024. This declaration was...

Nigerian citizens allocated $340.84 million in foreign exchange for educational expenses over the span of six months, as reported by the Central Bank of...

Nigerians seeking admission to foreign universities spent a substantial $340.84 million on their applications between January and June 2023, as reported by the Central...

Exploration: Should the Central Bank of Nigeria Oversee Banks’ Foreign Exchange Profit Oversight?

The recent directive issued by the Central Bank of Nigeria (CBN) regarding the treatment of banks' foreign exchange (FX) revaluation gains has triggered a...

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