CBN Grants BDCs Access To $25,000 Weekly For Seasonal Forex Demand
The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary authorisation to buy as much as ...
Tag: Central Bank of Nigeria (CBN)
Cash Scarcity: CBN Places N1.2m Limit on PoS Operators
As the unavailability of cash in banking halls in the country continues to worry customers, the Central Bank of Nigeria(CBN) ...
Nigeria’s $42.01bn External Reserves Can Finance Importation Of Goods – CBN
The Central Bank of Nigeria (CBN) has announced that the country’s external reserves, now at $42.01 billion, can finance the ...
Nigeria’s $42.01bn External Reserves Can Finance Importations For 9 Months – CBN
The Central Bank of Nigeria (CBN) has announced that the country’s external reserves, now at $42.01 billion, can finance the ...
CBN Sets N100,000 Daily Withdrawal Limit On PoS
The Central Bank of Nigeria (CBN) has introduced a daily transaction limit of N100,000 per customer for cash-out transactions conducted ...
EFCC Asks Court To Strike Out Emefiele’s Application On Jurisdiction
The Economic and Financial Crimes Commission (EFCC) yesterday asked Justice Rahman Oshodi of the Lagos State Special Offences Court in ...
Traders Blame Speculators As Naira Falls To N1,710/$1 After Gains
The naira rescinded its last week’s gain, continuing with the depreciation which it began this week as the gap between ...
For Loan Recovery Efficiency, CBN To Integrate Mortgage, Microfinance Banks Into GSI
The Central Bank of Nigeria (CBN) has revealed plans to integrate Primary Mortgage Banks (PMBs) and Microfinance Banks (MFBs) into ...
Address Cash Crunch Now, Reps Order CBN
The House of Representatives has asked the Central Bank of Nigeria (CBN) to address the ongoing cash crunch in commercial ...
Speculators’ Resistance Pulls Down Naira
After its appreciation last week, the value of the naira began the week on a depreciating note as currency traders ...
