The Central Bank of Nigeria (CBN) has commenced the sale of foreign exchange (forex) to eligible Bureau De Change (BDC) operators at the rate of N125.1 per US dollar. This …
exchange rate
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The Nigerian naira has staged a remarkable recovery against the US dollar in the past week, thanks to a series of policy measures by the Central Bank of Nigeria (CBN) …
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Business
Nigeria’s Central Bank Sees Hopeful Turn with Cardoso’s Appointment Amidst Exchange Rate Crisis
In a move that has garnered widespread acclaim, President Bola Tinubu announced the appointment of Olayemi Cardoso as the new governor of the Central Bank of Nigeria (CBN) on Friday. …
