E-Financial Naira Tumbles Slightly Despite Oil Gains, CBN Intervention The naira closed the past week weaker than the previous one, as it depreciated by 0.14 per cent week-on-week to settle at 1,532.34/$ at... Ravenewsonline EditorJuly 21, 2025
E-Financial CBN Governor Issues Stern Warning to Banks Over Cash Scarcity – Ravenewsonline Central Bank of Nigeria (CBN) has warned that it will impose severe penalties on banks failing to address the ongoing cash scarcity at automated... Ravenewsonline EditorDecember 1, 2024
E-Financial CBN sells $543.5m to stabilize FX market in September – Ravenewsonline Central Bank of Nigeria (CBN) has disclosed that it sold a total of $543.5 million to authorized dealer banks in the Nigerian Foreign Exchange... Ravenewsonline EditorOctober 5, 2024
E-Financial CBN Sells FX to BDCs @N1 580/$ to Boost Liquidity Central Bank of Nigeria (CBN) has approved the sale of dollars to bureau de change (BDC) operators at a rate of N1,580 per dollar.... Ravenewsonline EditorSeptember 7, 2024
E-Financial We are on track to lift many Nigerians out of poverty – Wale Edun Wale Edun, Minister of Finance and Coordinating Minister of the Economy says the Nigerian economy is experiencing a positive growth rate of 2.99 percent,... Ravenewsonline EditorMay 28, 2024
News FG dismisses World Bank’s claim that government is still paying subsidy on petrol Federal Government has rejected claims by the World Bank that government is still paying subsidy on petrol, saying the era of petrol subsidy is... Ravenewsonline EditorDecember 14, 2023
News Naira strengthens to N950/$ in parallel market The Naira continued its rebound against the dollar on Friday, Nov. 3, strengthening to N950/$ on the average in the parallel market. At noon... Ravenewsonline EditorNovember 3, 2023
E-Financial CBN lifts Forex restrictions on importation of 43 items Central Bank of Nigeria (CBN) has finally lifted the foreign exchange restrictions it placed on the importation of 43 items eight years ago. In... Ravenewsonline EditorOctober 13, 2023
E-Financial CBN Announces Unification of all Foreign Exchange Rate Windows Central Bank of Nigeria (CBN) has announced the unification of all segments of the forex market collapsing all windows into one. What this means... Ravenewsonline EditorJune 14, 2023
E-Financial CBN to Stop Sale of Forex to Banks by End of the Year The Central Bank of Nigeria has announced that it would stop the sale of foreign exchange to banks by the end of the year.... Ravenewsonline EditorFebruary 10, 2022