Respite As CBN Slashes Customs FX Duty Rate By 5.3%
Respite appears on the horizon for Nigerians as prices of imported goods and raw materials are expected to nosedive as ...
Tag: Central Bank of Nigeria (CBN)
Group Seeks Restructuring Of CBN Amid Economic Hardship
A rights group, the Nigerian Unemployed Youth Vanguard, has urged President Bola Ahmed Tinubu to take immediate action in restructuring ...
In Proposed Law, Senate Pegs CBN Gov, Deputies’ Tenure To 6-year Single Term
In a proposed legislation, the National Assembly is seeking to make the tenure of Central Bank of Nigeria (CBN) Governor ...
BREAKING: CBN Raises Interest Rate To 22.75%
The Central Bank of Nigeria (CBN) has increased the monetary interest rate by 400 basis points, taking the interest rate ...
JUST-IN: CBN Begins Sales Of Forex To BDCs
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange to eligible Bureau De Change operators (BDCs) ...
CBN Pegs Purchase Of Dollars In Cash At $500
The Central Bank of Nigeria (CBN) has pegged the payment of cash dollar purchase to a customer at $500 saying ...
Invalidation Of $2.4bn Forward Contract Deals: Matters Arising
The Central Bank of Nigeria (CBN), in what seems to be a desperate move to manage an economy in crisis ...
CBN Reduces Customs Exchange Rate By 2.8% To N1,472.756
For the first time since the commencement of the administration of President Bola Tinubu, the Central Bank of Nigeria (CBN), ...
CBN Enforces 50% Limit On Oil Companies’ Forex Repatriation
The Central Bank of Nigeria (CBN) has made a significant announcement concerning the repatriation of foreign exchange earnings by International ...
No More PTA, BTA In Cash, CBN Tells Banks
The Central Bank of Nigeria (CBN) has directed banks in the country to stop the payment of personal and business ...
