CBN Expects N20trn From Dormant Accounts
The Central Bank of Nigeria (CBN) is set to have no less than N20 trillion transferred from the banks to ...
Tag: Central Bank of Nigeria (CBN)
CBN Sells $106m, To Begin Regular Dollar Sales To Banks, BDCs
The Central Bank of Nigeria (CBN) said it has sold $106.5 million to authorised dealers as it planned to boost ...
CBN Sells $20,000 To Each BDC At N1,450/$
The Central Bank of Nigeria (CBN) has expressed concern over the continued distortions in the retail end of the foreign ...
Court Dismisses Suit Against Arabic Inscriptions On Naira Notes
Justice Yellim Bogoro of the Federal High Court in Lagos has dismissed the suit filed by a lawyer, Malcolm Omirhobo, ...
CBN Excludes BDC Operators From Latest $123m Forex Sales
The Central Bank of Nigeria (CBN) has excluded Bureau De Change Operators (BDCs) from its latest tranche of forex sales ...
Banks Bolster Economic Growth As Private Sector Credit Soars By N30trn
Bank loans and support for the private sector have risen by about N30 trillion in a sustained effort that has ...
Banks Borrow N5.38trn From CBN In 1 Week
Deposit Money Banks’ borrowing from the Central Bank of Nigeria (CBN) in the first five days of July 2024 hit ...
N30trn Ways And Means Report Ready In September – Senate
The Senate's investigation into the N30 trillion Ways and Means facilities granted to the federal government by the Central Bank ...
CBN To Sanction Banks Rejecting Dirty Naira Notes
The Central Bank of Nigeria (CBN) has warned banks in the country against rejecting dirty and mutilated Naira notes, saying ...
Experts Laud New CBN Policy On Diaspora Remittances, Urge Close Monitoring Of IMTOs
Economic experts have commended the Central Bank of Nigeria on its latest decision to allow eligible International Money Transfer Operators ...
