Recapitalisation: Experts Charge CBN On Safety Of Depositors’ Funds
Stakeholders have said it is imperative for the Central Bank of Nigeria (CBN) to assure depositors of the safety of ...
Tag: CBN
Nigerian Economy Records $1.5bn Inflow Post – CBN MPC
The Central Bank of Nigeria (CBN) says the inflow of over $1.5 billion into the economy over the past few ...
CBN’s 24.75% Rate Hike Puts Borrowers On The Edge
The further tightening of the Monetary Interest Rate to tame elevated inflation by the Central Bank of Nigeria (CBN) may ...
Why We Refused To Validate $2.4bn FX Backlog — CBN
The Central Bank of Nigeria (CBN) has said that it refused to validate the outstanding $2.4 billion Forex forward transactions ...
JUST-IN: Again, CBN Increases Interest Rate To 24.75%
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate by 200 basis points to 24.75 per cent ...
Naira Gains 10% To N1,382/$ After CBN Clears Forex Backlog
Following the clearing of all valid foreign exchange backlogs by the Central Bank of Nigeria (CBN) on Wednesday, and increased ...
JUST-IN: CBN Clears Valid FX Transactions, Eliminates $7bn Legacy Backlog
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, thereby fulfilling ...
Respite As CBN Reduces Customs Exchange Rate By 1.3%
Nigerians are expected to heave a sigh of relief in the coming days as the Central Bank of Nigeria (CBN), ...
CBN Lays off Top Officials In Reorganisation Bid
Not less than 19 top officials in the Central Bank of Nigeria(CBN) have been retired in a move by the ...
CBN Slashes Cargo Clearance Forex At Ports By 0.76%
The Central Bank of Nigeria (CBN), on Wednesday, slashed the exchange rate for computing Customs duties at the nation’s seaports ...