ABCON Backs CBN’s Prohibition Of FX Collateral For Naira Loans
The Central Bank of Nigeria’s (CBN’s) directive stopping the use of non-export Domiciliary Account Collateral for naira loans will boost ...
Tag: Central Bank of Nigeria (CBN)
CBN Policies Push Naira To N1,150/$ At Parallel Market
The value of the naira gained strength at the parallel market on Thursday as the three-day public holiday was rounding ...
High Interest Rate: Investors Ignore Private Funding, Divest To Treasury Bills
Investors are currently favouring investment in Treasury bills and bonds ahead of private sector funding amid high interest rates, LEADERSHIP ...
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 ...
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 ...
