Expect Abandoned Cargoes, Low Imports, As CBN Raises Customs Rates To N1,356.9/$1 – Experts
Following the adjustment of exchange rate on the single window for trade by the Central Bank of Nigeria (CBN), from ...
Tag: CBN
Relief For Banks As CBN Stops Daily CRR Deductions
Commercial banks in the country are heaving a sigh of relief as the Central Bank of Nigeira (CBN) reversed to ...
CBN Moves Against Forex Speculation, Hoarding, Issues Fresh Guidelines
The Central Bank of Nigeria (CBN) has issued a new circular on reporting foreign currency exposure to all banks to ...
CBN Clears Foreign Airlines’ Verified Claims, Pays $136.73m
The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed foreign airlines in ...
Forex: CBN Warns Dealers Against Inaccurate, Misleading Transactions’ Reporting
The Central Bank of Nigeria (CBN) has warned all authorised dealers in the foreign exchange market against reporting inaccurate and ...
CBN Releases $500m To Address FX Liabilities Backlog
The Central Bank of Nigeria (CBN) has disbursed $500 million to various sectors, following up on its recent payment of ...
CBN Says Naira Undervalued, Partners Finance, NNPC On Forex Repatriation
BY MARK ITSIBOR, Abuja and BUKOLA ARO-LAMBO, Lagos The governor of the Central Bank of Nigeria Olayemi Cardoso has said ...
Northern Senators Sue For Peace Over ‘Skewed’ Budget Allocations, Relocation Of CBN Units, FAAN
The Northern Senators Forum (NSF) has called for calm among Northerners against the backdrop of agitations and misgivings over the ...
CBN Licenses Access Holdings To Establish Consumer Lending Subsidiary
The Central Bank of Nigeria (CBN) has granted approval in principle to Access Holdings Plc, the parent company of Access ...
CBN Decongests Head Office, Moves Departments To Lagos
The Central Bank of Nigeria is set to transfer some of its departments to Lagos State. According to a report ...
