Breaking: Naira Surges As CBN Injects Over $300 Million, Dollar Hits Six-Week Low In a strategic maneuver to fortify the naira against the dollar, the Central...
CBN Tightens FX Rules: Limits Dollar Purchase From BDCs, Introduces $10,000 Cap For School Fees In a bid to regulate foreign exchange transactions and streamline the...
CBN’s Bold Move: Forex Sellers Above $10,000 Must Disclose Source In a strategic maneuver aimed at fostering transparency and stability in the forex market, the Central...
Breaking: CBN’s Reveals Why Naira Is Falling In a bid to address the ongoing challenges of Naira depreciation, the Central Bank of Nigeria (CBN) under the...
Breaking News: CBN Announces Surge In Exchange Rate for Cargo Clearance In a significant development, the Central Bank of Nigeria (CBN) has announced a notable increase...
CBN Imposes Limits On Foreign Firms’ FX Revenue Repatriation In a seismic shift, the Central Bank of Nigeria (CBN) enforces a groundbreaking policy, curtailing the ability...
Breaking News: CBN Bans Cash For Travel Allowances In a bold move amidst the nation’s forex challenges, the Central Bank of Nigeria (CBN) enforces a digital...
CBN Mandates IOCs: Repatriate 50% Of Revenue To Nigeria In a move aimed at bolstering Nigeria’s foreign exchange reserves and strengthening the local currency, the Central...
CBN Raises Import Duty Forex Rate For Fourth Time In 10 Days, Maritime Experts Express Concern In a swift adjustment, the Central Bank of Nigeria (CBN)...
CBN Under Scrutiny Over $4.5 Billion Discrepancy In Nigeria’s Foreign Reserves During Emefiele’s Tenure In a startling revelation, the Central Bank of Nigeria (CBN) faces scrutiny...
CBN’s New Directive: Banks Barred From Using Unaudited Accounts In Ads In a bid to enhance transparency and consumer protection in the financial sector, the Central...
CBN Blunders Blamed For Naira’s Freefall, Says Utomi Renowned political economist, Pat Utomi, asserts that the Central Bank of Nigeria’s (CBN) errors are exacerbating the depreciation...
CBN’s Master Plan: Cardoso Unveils Bold Strategies To Tackle Forex Crisis In a bid to combat the prevailing challenges posed by dollar scarcity, the Central Bank...
Economic Reassurance: Government Ministers And CBN Chief Address Rising Cost Of Living Concerns Amidst growing concerns over the surge in living expenses, top government officials including...
CBN’s Ongoing Triumph: Nigeria’s Forex Backlog Slashes Dramatically To $2.2 Billion from $7 Billion In a recent interview on Arise Television, Central Bank of Nigeria Governor,...
CBN Shocks Importers: Raises Import Duty Rate By Another 4.4% In Just 24 Hours In a surprising move, the Central Bank of Nigeria (CBN) has increased...
CBN Implements New Reserve Requirement Structure, Ceases Daily CRR Debits In a significant move, the Central Bank of Nigeria (CBN) has introduced an updated Cash Reserve...
CBN’s Bold Move: ITMO Application Fee Skyrockets To N10 Million, Banks and Fintechs Face Service Prohibition In a groundbreaking development, the Central Bank of Nigeria (CBN)...
CBN Cracks The Whip: Sets Deadline For Banks To Dump Excess Dollars Amid Economic Concerns In a strategic move aimed at stabilizing Nigeria’s fluctuating exchange rate,...
CBN Clears FX Backlog With $2 Billion, Settles Verified Claims By Foreign Airlines In a significant stride toward economic stability, the Central Bank of Nigeria (CBN)...
CBN Defies Criticism: 1,500 Staff Move To Lagos Office, Northerners Express Discontent The Central Bank of Nigeria (CBN) remains undeterred in its decision to relocate approximately...
CBN’s Forex Resurgence: $500 Million Boost to Clear Backlogs Signals Market Overhaul In a strategic move to resolve the persistent backlog of verified foreign exchange operations,...
Abuja officially became the capital city of Nigeria in 1991 but prior to that time, some other cities have claimed the title of Nigeria’s capital city...
The first policy meeting of the year for the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is scheduled to take place on...
Foreign airlines repatriated N795.48bn from Nigeria in six months, data from the Central Bank of Nigeria have shown…..CONTINUE READING Data from the apex bank’s Balance...
The Central Bank of Nigeria (CBN) revealed yesterday that it discovered “grave infractions” through an independent forensic review, as it tries to clear the multi-billion dollar...
The Central Bank of Nigeria has granted approval in principle to Access Holdings Plc, the parent company of Access Bank, to establish Oxygen X Finance Company...
The Central Bank of Nigeria (CBN) is embarking on a strategic move to transfer certain departments to Lagos State, the nation’s first capital territory and economic...
A brewing controversy has surfaced in response to the Central Bank of Nigeria’s (CBN) recent announcement of plans to relocate key departments from its headquarters in...
The Central Bank of Nigeria (CBN) plans to relocate some of its departments to Lagos State, aiming to decongest its head office, according to an internal...