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Category Central Bank of Nigeria (CBN)

MainNewsCentral Bank of Nigeria (CBN)
Yellow Card’s Partnership With Moonpay Set to Enhance Nigerian Users’ Crypto Trading Experience

Yellow Card’s Partnership With Moonpay Set to Enhance Nigerian Users’ Crypto Trading Experience

Yellow Card, the Africa-focused crypto exchange, recently said it had joined forces with Moonpay in an arrangement which is expected to help “enhan...
Report: Nigerian Central Bank Sued for Dollarizing Economy

Report: Nigerian Central Bank Sued for Dollarizing Economy

In a lawsuit filed by a Nigerian human rights activist, the country’s central bank is accused of failing to stop the dollarization of the economy. ...
Nigerian Currency Plunges to New Low, Central Bank Says the Naira Is Undervalued

Nigerian Currency Plunges to New Low, Central Bank Says the Naira Is Undervalued

The Nigerian currency continued its slide versus the greenback when it fell to a new all-time low of NGN950 per dollar. Folashodun Shonubi, the act...
Egyptian and Nigerian Central Banks Sign Agreement to Deepen Cross-Border Regulation

Egyptian and Nigerian Central Banks Sign Agreement to Deepen Cross-Border Regulation

The central banks of Egypt and Nigeria have signed a fintech agreement to deepen the two institutions’ “cross-border regulatory collaboration” and ...
US Dollar Shortages: Ethiopia and Nigeria in $100 Million Currency Swap Transaction

US Dollar Shortages: Ethiopia and Nigeria in $100 Million Currency Swap Transaction

According to a report, the central banks of Ethiopia and Nigeria recently consummated a $100 million currency swap transaction. Under the arrangeme...