JUST-IN: Nigeria, China Renew N3.28trn Currency Swap Deal
Nigeria has renewed its bilateral currency swap agreement with China, a move that underscores the deepening financial and economic cooperation ...
Tag: Central Bank of Nigeria (CBN)
CBN: Restoring Economic Confidence Through Monetary Policies
The Central Bank of Nigeria (CBN) has been at the forefront of bold economic reforms recently, especially in 2024, signaling ...
CBN, NCC Push For Settlement Of N250bn USSD Debt
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have mandated banks to clear a cumulative N250 ...
CBN And Cashless Policy
The Central Bank of Nigeria (CBN) has just introduced a daily cash transaction limit of N100,000 per individual customer for ...
CBN, NCC Mandate Banks, Telcos To Resolve N250bn USSD Debt Impasse
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have directed Deposit Money Banks (DMBs) and Mobile ...
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 ...
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 ...