CBN Reintroduces RDAS To Tackle Forex Market Volatility
In an effort to manage ongoing liquidity pressures in the foreign exchange (FX) market, the Central Bank of Nigeria (CBN) ...
Tuesday, October 8, 2024
Tag: CBN
CBN Permits IMTOs To Sell FX On Official Window
The Central Bank of Nigeria (CBN) has permitted eligible International Money Transfer Operators (IMTOs) to sell foreign exchange (FX) on ...
BREAKING: CBN Upbeat, Raises Interest Benchmark To 26.25%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised interest rate benchmark in an aggressive tightening spree ...
Expert Advice CBN On Interest Rate Hike, Says Private Sector Investment Could Be Crowded Out
It is no longer news that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is set to hold its third meeting of ...
Retain 24.75% Lending Rate, Experts Advise CBN
Some financial and economic experts have advised the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to ...
CBN Modifies Guidelines On Oil Firms’ FX Repatriation
The Central Bank of Nigeria (CBN) has revised its guidelines on foreign exchange (FX) repatriation for oil firms, allowing them ...
16 Bank Transactions Exempted From CBN’s New Cyber Security Charges
In a significant move, the Central Bank of Nigeria (CBN) has issued a directive for all banks to implement a ...
Banks To Begin Deduction of Cybersecurity Levy
The Central Bank of Nigeria (CBN) has directed all financial institutions in the country to begin the deduction of cybersecurity ...
CBN Prioritises Fighting Inflation Over Addressing Unemployment
Dr. Adetona Adedeji, the Acting Director of the Banking Supervision Department at the Central Bank of Nigeria (CBN), affirmed the ...
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 ...
