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 ...
Wednesday, January 22, 2025
Tag: CBN
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 ...
Ban On Foreign Currency Collaterals For Naira Loans
In a decisive move aimed at reshaping Nigeria’s financial landscape, the Central Bank of Nigeria (CBN) recently instructed banks to ...
AS NAIRA SUSTAINS GAIN: Exports, Others Boost FX Market With $17bn In 3 Months
Strategic monetary policies have sustained recent gains in the value of the naira, as the foreign exchange (FX) market has ...
CBN Spends $581m On FX Interventions – FMDQ
The Central Bank of Nigeria (CBN) has so far spent $581 million on foreign exchange interventions at the Nigeria Autonomous Foreign Exchange ...
Naira Appreciation Calls For CBN To Sustain Monetary Policies
In recent times the Naira, Nigeria’s legal tender, appears to be getting stronger after an all-time low of N1, 900 ...
