Nigeria’s Foreign Reserves Hits $39.12bn
The Nigeria's foreign reserves has risen to US$39.12 billion, representing 12.74% increase as of October 11, 2024, from US$34.70 billion ...
Tag: CBN
Forex: CBN Introduces Electronic Transaction System To Reduce Speculations
The Central Bank of Nigeria (CBN) has announced the introduction of electronic foreign exchange matching system for Foreign Exchange (FX) ...
CBN Interest Rate Hike Threatens Nigeria’s Housing Supply –Experts
The recent increase in the Central Bank of Nigeria (CBN)’s interest rates to 27.75 per cent has sparked concerns within ...
JUST-IN: CBN Increases Interest Rate To 27.25%
The Central Bank of Nigeria (CBN) has announced an increase in its Monetary Policy Rate (MPR) to 27.25%. The decision ...
Keystone Bank Announces New Board Appointments
The Central Bank of Nigeria (CBN) has constituted a new board of directors for Keystone Bank Limited as part of ...
CBN Orders Payment Providers To Track All PoS Transactions
All Payment Service Providers have been mandated by the Central Bank of Nigeria (CBN) to channel all transactions from Point ...
CBN Boosts Forex Liquidity, Sells Dollars To BDCs At N1,580
Central Bank of Nigeria (CBN) has increased liquidity in the foreign exchange market by selling US dollars to Bureau De ...
CBN Resumes Standing Lending Facility, Fixes 25.75% Interest On Deposits
The Central Bank of Nigeria (CBN) has lifted the suspension of the standing lending facility for banks in the country ...
Sacked CBN Staff Seek Legal Redress
Some former employees of the Central Bank of Nigeria (CBN) who were recently relieved of their jobs under the re-organisation ...
Remittances Hit All-time High In July At $553m – CBN
The Central Bank of Nigeria(CBN) has reported a significant increase in remittance inflows, reaching $553 million in July 2024, a ...