Hardship: Respite As CBN Slashes Customs Exchange Rate By 19.2% In 2 Weeks
Nigerians are expected to heave a sigh of relieve as prices of goods are expected to go down in the ...
Tag: Central Bank of Nigeria (CBN)
New CBN Capital: 25 Banks Need N3.89trn Fresh Funds To Meet Requirements
Going by the new capital requirements released by the Central Bank of Nigeria (CBN) for commercial, non-interest and merchant banks ...
Reps Panel Accuses CBN, Banks Of Sharing N15bn Remittance
The House of Representatives Public Accounts Committee has accused the Central Bank of Nigeria (CBN) and commercial banks of complicity ...
Fresh Hurdles For Banks As CBN Raises Capital Requirement To N500bn, N200bn
Banks in the country face the fresh hurdle to raise their minimum capital requirements to N500 billion and N200 billion ...
BREAKING: CBN Pegs Minimum Capital Bases For Banks At N500bn, N200bn
Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the ...
Respite As CBN Slashes Customs Exchange Rate By 3%
The naira’s continuous rise in both the official and parallel markets has brought some measures of reprieve for Nigerian ...
CBN’s 24.75% Rate Hike Puts Borrowers On The Edge
The further tightening of the Monetary Interest Rate to tame elevated inflation by the Central Bank of Nigeria (CBN) may ...
CBN Begins Forex Sales To BDCs, Fixes 1.5% Selling Band
The Central Bank of Nigeria has issued a circular addressed to Bureau De Change operators (BDCs), revealing that each BDC ...
$7bn Backlogs: NACCIMA Lauds CBN, Seeks Urgent Settlement Of Unmet Forex Claims
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has described as commendable the announcement of the ...
JUST-IN: CBN Begins Forex Sales To BDCs At N1,251/$1
The Central Bank of Nigeria (CBN) has issued a circular addressed to Bureau De Change operators (BDCs), revealing that each ...
