Again, CBN Slashes Customs Exchange Rate To N1,238/$1
The Customs exchange rate for computing import duty at the nation's seaports has dropped from N1,246.66/$ to N1,238/$1. The reduction ...
Tag: Central Bank of Nigeria (CBN)
Recapitalisation: Setting New Stage For Banking Sector
In the dynamic landscape of Nigeria’s financial sector, the recent announcement by the Central Bank of Nigeria (CBN) mandating banks ...
MPR: High Lending Rate Cuts Nano, MSMEs’ Access To Funding – Experts
Experts in economic management have expressed divergent views on the impacts of the increased Monetary Policy Rate (MPR) on nano, ...
CBN Bans Foreign Currency Collateral For Naira Loans
The Central Bank of Nigeria, (CBN), has banned the use of foreign denominated collaterals for naira loans. However, Eurobonds issued ...
CBN Crashes BDCs Exchange Rate To N1,101/$1, Offers $15.88m
The Central Bank of Nigeria (CBN) has crashed the exchange rate for Bureau De Charge (BDC) operators to N1,101$ from ...
CBN Bans Foreign Currency Collateral For Naira Loans
The Central Bank of Nigeria (CBN) has banned the use of foreign denominated collaterals for Naira loans. However, Eurobonds issued ...
CBN Crashes US Dollar Rate To N1,101/$1, Offers $15.88m
The Central Bank of Nigeria (CBN) has crashed the exchange rate for Bureau De Change (BDC) operators to N1,101 per ...
BDC Operators To CBN: Adjust N1,251/$1 Buy Rate Downward
As the value of the Naira strengthens against US dollar, the Association of Bureaux De Change Operators of Nigeria (ABCON), ...
After Importers Uproar, CBN Slashes Customs FX By 5.3%
The Central Bank of Nigeria (CBN), on Friday, reduced the exchange rate for computing import duty at the nation’s seaports ...
Special CBN Investigator, Obazee Completes Assignment
President Bola Tinubu has thanked Jim Obazee, former chief executive officer of the Financial Reporting Council of Nigeria (FRC), for ...