Lawmakers Move to Ensure Completion of CBN’s Projects Lawmakers in the country have assured the Central Bank of Nigeria of their support to ensure that it...
CBN Recorded $40.9bn Forex Inflow in Nine Months – Report Between January and September last year, a total foreign exchange inflow of $40.93bn was recorded by...
CBN Introduces Fines, Others in e-Payments Regulation The Central Bank of Nigeria has issued a regulation on the end-to-end electronic payment of salaries, pensions and other...
CBN Intervenes at Interbank Market, Sells $210 Million In an effort to sustain economic activity at the foreign exchange market, the Central Bank of Nigeria on...
ABCON Urges CBN to Make BDCs Direct Agents of IMTO Association of Bureaux De Change Operators of Nigeria has called on the Central Bank of Nigeria...
CBN Injects $289.76m, CNY 38.70m Into Retail SMIS The Central Bank of Nigeria, following its maiden Monetary Policy Committee meeting for 2019, injected $289.76m into the...
CBN to Fine Banks for Paying Counterfeit Banknotes The Central Bank of Nigeria has imposed a penal fee of N1m on each branch of Deposit Money...
Atiku’s Forex Policy Won’t Work – Emefiele The governor of the Central Bank of Nigeria, Godwin Emefiele, has warned that the suggested foreign exchange policy of...
CBN Keeps Interest Rate at 14% The Monetary Policy Committee left interest rate unchanged on Tuesday following two consecutive rises in consumer prices and concerns over...
Forex Restriction Aids Foreign Reserves – Audu Ogbeh The foreign exchange restriction imposed on 42 items has helped ease pressure on the national foreign reserves, according...