Browsing: Central Bank of NIgeri

Dr. Hassan Mahmud, the Director, Trade and Exchange Department of the CBN, said this in a memo.

Prior to CBN’s renewed intervention in the I&E window on August 31, 2020, the Naira exchanged for as high as N480 to the dollar, prompting fears that the Naira was in a free fall.

The Central Bank of Nigeria on Tuesday advised Nigerians to adopt alternative payment methods like electronic transfers to avoid the spread of Coronavirus.