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 ...
Monday, November 25, 2024
Tag: CBN
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 ...
JUST IN: Again, CBN sells $10,000 to BDCs at N1,101/$
The Central Bank of Nigeria has repeatedly announced the sales of dollars to Bureau De Change operators. The apex bank disclosed ...
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 ...
CBN Reduces Customs Exchange Rate By 2.96%
The Central Bank of Nigeria (CBN), once again, slashed the Customs exchange rate for cargo clearance from N1448.386/$1 to ...
Former CBN Director Warns Against Continuous MPR Increases
Former director of research at the Central Bank of Nigeria (CBN), Dr. Titus Okunrounmu, has raised concerns about the ongoing ...
JUST-IN: Again, CBN Increases Interest Rate To 24.75%
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate by 200 basis points to 24.75 per cent ...
