CBN Plans To Settle $2.5bn Forex Backlog, Boosts Liquidity
The Central Bank of Nigeria (CBN) plans to boost foreign exchange liquidity as well as settling the backlog of requests ...
Tag: CBN
OPS Calls For Liberalisation Of Petrol Import, Queries NNPCL, CBN Transparency
The Organised Private Sector (OPS), operating under the aegis of Lagos Chamber of Commerce and Industry (LCCI), has called for ...
CBN Issues New Guidelines for BDCs Â
The Central Bank of Nigeria has released fresh operational guidelines for Bureau de Change (BDC) operators in the country, fixing ...
Banks’ Losses To Fraud Rise To N9.5bn
With over N9 billion lost to fraud in the banking system this year, the figure is projected to reach N20 ...
Institute Tasks CBN On Tackling Inflation
The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has tasked the Central Bank of Nigeria (CBN) to look ...
CBN Spends N1.2trn On Personnel, Records N520bn As Income In 7 Years
The Central Bank of Nigeria (CBN) spent a total of N1.2 trillion on personnel costs in seven years and recorded ...
Dollar Scarcity: CBN Gov Seeks More Diaspora Remittances
The acting governor of Central Bank of Nigeria (CBN), Folashodun Shonubi, has emphasized the need for increased diaspora remittances, saying ...
Tinubu Announces Forensic Audit of CBN, Civil Service Payroll
President Bola Tinubu has said a comprehensive forensic audit of the Central Bank is underway, while a thorough overhaul of ...
No Cash Withdrawal Limit For Microfinance, Mortgage Banks – CBN
The Central Bank of Nigeria (CBN) has excluded Microfinance Banks (MfBs) and Primary Mortgage Banks (PMBs) from its cash withdrawal ...
CBN’s Forex Operations Triggers N131.4bn Loss For MTN Records
MTN suffered a foreign exchange loss of N131.4 billion, dragging its profits down, its 2023 second-quarter report, has revealed. The ...
