CBN Restricts Banks’ FX Holdings Amid Naira Tumble
The Central Bank of Nigeria (CBN) has imposed limits on how much banks can hold in foreign currencies on Wednesday, ...
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Tag: Central Bank of Nigeria (CBN)
Naira: Official Market Records Highest Rate At N1,513/$
Despite the Central Bank of Nigeira (CBN) clearing off the verified backlog of foreign exchange claims owed foreign airlines ...
CBN Warns Forex Traders Against Misreporting Transactions
The Central Bank of Nigeria (CBN) has asked all authorised dealers in the foreign exchange market to desist from reporting ...
CBN Hinges Planned Interest Rate Easing On 21.4% Inflation Target
Ahead of its first Monetary Policy Committee (MPC) meeting slated for next month, the Central Bank of Nigeria (CBN) has ...
Relocating CBN, FAAN’s Key Departments Attempt To Undermine Abuja’s Capital Status — AYCF
The Arewa Youth Consultative Forum (AYCF), a prominent Northern Nigerian youth organisation, has strongly condemned recent attempts to relocate ...
CBN Set To Hold First MPC Meeting Under Cardoso
The Central Bank of Nigeria (CBN) has held a two-day strategic session for members of the Monetary Policy Committee ...
CBN Settles $2bn FX Backlog
The Central Bank of Nigeria (CBN) says it has paid approximately $2 billion across various sectors, including manufacturing, aviation, and ...
Northern Elders Reject Relocation Of CBN ‘Key Departments’ To Lagos
The Northern Elders Forum (NEF) has expressed deep concern about the reported plans by the Central Bank of Nigeria (CBN) ...
Fitch Places Union Bank Ratings On Negative Watch After CBN Intervention
Fitch Ratings has assigned a Rating Watch Negative (RWN) to Union Bank of Nigeria Plc's (UBN) Issuer Default Ratings (IDRs), ...
Moghalu Backs CBN Relocation Plan Amid Staff Worries
The Central Bank of Nigeria's (CBN) recent announcement to relocate key departments to its Lagos office has stirred mixed reactions, ...
