CBN crashes retail forex rate by 3.4%
March 26, 2024 The Central Bank of Nigeria (CBN) yesterday undercut foreign exchange (forex) speculation and deepened its quest for stronger naira […]
CBN
CBN adjusts forex sales to BCDs operators
March 25, 2024 The Central Bank of Nigeria (CBN) has announced a revised policy for the sale of foreign exchange (FX) to
Senate urges CBN to recover N1.079trn Anchor Borrowers Loans
…says N30trn overdraft to FG recklessly handled by Emefiel March 22, 2024 The Senate has directed the Central Bank of
Foreign Airlines Challenge CBN’s Claim of Settling Forex Backlog
Foreign airlines operating in Nigeria are expressing skepticism over the Central Bank of Nigeria’s recent announcement regarding the settlement of
Accelerating Inflation in Nigeria Linked to Excess Cash Circulation
Members of the Monetary Policy Committee of the Central Bank of Nigeria have identified excess cash in circulation as the
Senate Committee Investigates N30 Trillion Loans Recovery from CBN
The Senate Ad-hoc Committee investigating the N30 trillion Ways and Means fund has made a bold move to ensure accountability
Central Bank of Nigeria Terminates 19 Directors Amid Legal Action Rumors
The Central Bank of Nigeria is currently facing a wave of uncertainty and tension as 19 of its directors have
African Business News
CBN Lowers Cargo Clearance Exchange Rate to N1593.41 Amid Naira Appreciation
The Central Bank of Nigeria has recently made a significant adjustment to its exchange rate for cargo clearance, lowering it
Why CBN’s recent MPC rate decision excites stakeholders’
March 16, 2024 The International Monetary Fund (IMF) and the Fitch Ratings have applauded the Monetary Policy Committee (MPC) of
Nigeria BVN Registration Surges Ahead of Central Bank Deadline
As the April 2024 deadline set by the Central Bank of Nigeria approaches, the registration for Bank Verification Number (BVN)
CBN Raises Customs Exchange Rate to N1.624.732/USD Amid Naira Crisis
The Central Bank of Nigeria has once again adjusted the exchange rate for calculating Customs duties at the country’s seaports,
CBN Treasury Bills Auction: Rates Expected to Hold Steady
The Central Bank of Nigeria recently kicked off a Treasury Bills Primary Market Auction, signaling the start of a new