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Naira exchanges at N1,385/$ in renewed rally

The naira yesterday recorded significant gains at the parallel markets exchanging at N1,385 to dollar, stronger than N1,395 to dollar it exchanged at the weekend.  At the official market, the

The Nation·May 5, 2026·3 min read

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CBN orders IMTOs to open Naira settlement accounts for transactions

Nduka Chiejina (Assistant Editor) The Central Bank of Nigeria (CBN) has directed all International Money Transfer Operators (IMTOs) to open Naira settlement accounts with authorised dealer banks in the country

The Nation·Mar 25, 2026·3 min read