CBN Sells $27.46m To BDCs At N1,301/$1
The Central Bank of Nigeria (CBN) has commenced the sale of foreign exchange to Bureau de Change(BDC) operators, selling $20,000 ...
Tag: CBN
CBN Unveils Aggressive Monetary Overhaul
The Central Bank of Nigeria aggressively raised the monetary policy rate by 400 basis points to land the interest rate ...
Senate Pegs 6-year Single Term For CBN Governor, N1trn Bank Capital Base
In an amendment bill, the National Assembly is seeking to make the Central Bank of Nigeria (CBN) governor’s tenure one ...
CBN Reduces Import Duty Rate By 7.3%
The Central Bank of Nigeria (CBN), on Friday, slashed the exchange rate for computing Customs duties at the nation’s seaports ...
CBN’s Move To Restore Confidence, Boost Forex Liquidity
The Central Bank of Nigeria has in the past week issued series of circulars aimed at boosting liquidity in the ...
Federal Govt Begins Audit Of N22.7trn CBN Ways And Means Loan
The federal government has said it is conducting an audit of the N22.7 trillion Ways and Means loans of the ...
Again, CBN Hikes Import Duty Rate To N1,493.23/$1
Barely 24 hours after slashing the rate, the Central Bank of Nigeria (CBN) on Saturday morning raised the exchange rate ...
CBN Reduces Customs Exchange Rate By 2.8%
For the first time since the advent of the administration of President Bola Tinubu, the Central Bank of Nigeria (CBN) ...
CBN Raises Customs Duty Rate By 2.6%, 5th Time In 2024
Misery of Nigerian importers have continued to worsen as the Central Bank of Nigeria (CBN), on Wednesday, readjusted the Customs ...
Again, CBN Raises Import Duty Forex Rate, 4th Time In 10 Days
The Central Bank of Nigeria (CBN) has raised the exchange rate for computing Customs duties at the nation’s seaports again, ...