The bank said it would no longer approve any such requests from authorised dealers acting on behalf of their customers.

The Central Bank of Nigeria (CBN) announced the immediate suspension of approvals for extensions on the repatriation of export proceeds, marking a significant step to enforce compliance with the ...

The Central Bank of Nigeria (CBN) has suspended the extension of export proceeds by banks on behalf of exporters.

The Central Bank of Nigeria (CBN) says requests for the extension of export proceeds repatriation by authorised foreign ...

The Central Bank of Nigeria (CBN) said it has suspended the extension of approvals for the extension of export proceeds ...

The Central Bank of Nigeria (CBN) has reported a massive surge in foreign exchange remittances through international money ...

CBN reports that the naira gained 8% strength on January 3, 2025, when the dollar was valued at N1,535 compared to N1,660 on ...

According to the most recent Quarterly Statistical Bulletin from the CBN, a significant drop in invisible transactions in the ...

With inflation rate at 34.6 percent, Nigerians would love to put the year behind them, in a hurry.The high rate of inflation had grave consequences for the socio-economic wellbeing of members of the ...