CBN Boosts Forex Market With Sale Of $10,000 To BDCs
The Central Bank of Nigeria (CBN) has initiated the sale of $10,000 to Bureau De Change (BDC) operators, offering them ...
Tag: Central Bank of Nigeria (CBN)
Addressing High Cost Of Doing Business In Nigeria
The cost of doing business has gone through the roof in Nigeria, causing unprecedented harm to businesses, government and consumers. ...
CBN Slashes Customs Exchange Rate By 7.1%
The Central Bank of Nigeria (CBN), has adjusted the Customs exchange rate for clearance of cargoes at the nation's seaports ...
CBN Reduces Loan-to-deposit Ratio To 50%
The Central Bank of Nigeria (CBN) has announced a revision of the loan-to-deposit ratio (LDR) for banks, reducing it from ...
It’s Not Our Intention To Defend Naira – CBN
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso has said it is not the intention of the ...
CBN Recommits To Creating Enabling Environment For Economic Devt
Governor of the Central Bank of Nigeria, Olayemi Cardoso has restated the commitment of the apex bank to focus on ...
With Higher Lending Rates, Businesses’ Struggle For Funding Continues
The banking industry credit to the government saw a decline in February this year as banks increased their lending to ...
ABCON Backs CBN’s Prohibition Of FX Collateral For Naira Loans
The Central Bank of Nigeria’s (CBN’s) directive stopping the use of non-export Domiciliary Account Collateral for naira loans will boost ...
CBN Policies Push Naira To N1,150/$ 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 ...
