CBN

More dollars ‘flowing’ into Nigeria, says CBN

More dollars ‘flowing’ into Nigeria, says CBN The Central Bank of Nigeria (CBN) has reported an increase in foreign exchange…

2 months ago

Submit financial returns monthly or risk sanctions, CBN tells microfinance, mortgage banks

Submit financial returns monthly or risk sanctions, CBN tells microfinance, mortgage banks The Central Bank of Nigeria has directed my…

2 months ago

Senate moves against CBN officials over N30tn loans

Senate moves against CBN officials over N30tn loans The Senate says it will question some officials of the Central Bank…

2 months ago

Forex: Cardoso dancing around the problem, Bwala asks Tinubu to sack bank execs

Forex: Cardoso dancing around the problem, Bwala asks Tinubu to sack bank execs   A former spokesman of the Atiku-Okowa…

2 months ago

Official exchange rate closes at N1609.51/$1 against dollar after CBN’s policy rate hike

Official exchange rate closes at N1609.51/$1 against dollar after CBN’s policy rate hike The official exchange rate between the naira…

2 months ago

Senate forms panel to investigate CBN’s N30 trillion loan to FG

Senate forms panel to investigate CBN’s N30 trillion loan to FG The Senate has established a nine-member committee to probe…

2 months ago

Each BDC operator to get $20,000 daily from CBN at N1,301/$

Each BDC operator to get $20,000 daily from CBN at N1,301/$   The Central Bank of Nigeria (CBN) says it…

2 months ago

CBN raises interest rate from 18 to 22.75%

CBN raises interest rate from 18 to 22.75% The Central Bank of Nigeria has increased monetary policy rate otherwise known…

2 months ago

CBN plans to bar BDCs from street trading, limits cash forex purchase to $500

CBN plans to bar BDCs from street trading, limits cash forex purchase to $500 The Central Bank of Nigeria (CBN)…

2 months ago

CBN introduces stricter measures for BDCs, imposes N2bn licence fee

CBN introduces stricter measures for BDCs, imposes N2bn licence fee Amidst the ongoing forex crisis in Nigeria, the Central Bank…

2 months ago