Tag

Central Bank of Nigeria

Central Bank of Nigeria Reverses Ban on Crypto Transactions, Introduces New Guidelines

In a remarkable policy shift, the Central Bank of Nigeria (CBN) has overturned its previous ban on crypto transactions within the country. This significant change came through a circular dated...
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Central Bank of Nigeria Authorizes Freely Floating Forex Rates, Unifying Exchange Rates”

In a significant development, the Central Bank of Nigeria (CBN) has given the green light to commercial banks and forex market dealers to freely sell foreign exchange at market-determined rates....
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Nigerian banks have no exposure to Silicon Valley Bank- CBN

The Governor of Nigeria’s Central Bank, Godwin Emefiele says that no financial institution in Nigeria has exposure to the now collapsed bank, Silicon Valley Bank.   Emefiele stated this while...
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Bitcoin55,690 0.21 % 8.02 % 7.55 %
Ethereum3,209.2 0.40 % 3.29 % 9.73 %
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