CBN introduces new FX sales to BDCs
The Central Bank of Nigeria (CBN) has issued new guidelines restricting Bureau de Change (BDC) operators to purchasing foreign exchange ...
Tag: CBN
CBN approves listing of CFA on NXP forms for export repatriation proceed
The Nigeria Export Promotion Council (NEPC) has said the Central Bank of Nigeria (CBN) has approved CFA Franc to be ...
CBN predicts 4.17% GDP growth in 2025
The Central Bank of Nigeria (CBN) has announced that the 2025 economic indices indicate a positive outlook, with the nation’s ...
CBN imposes N150m fine on banks releasing new notes to hawkers
The Central Bank of Nigeria has announced a fine of ₦150 million on Deposit Money Banks found guilty of giving ...
CBN raises interest rate to 27.5%
The Monetary Policy Committee of the Central Bank of Nigeria has raised the country’s interest rate by 25 basis points ...
CBN likely to raise interest rates again – Uwaleke
A Financial Expert, Prof. Uche Uwaleke, says the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is ...
CBN’s new capital requirement will boost financial inclusion — Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has stated that the new capital requirement for banks operating ...
Nigeria’s Foreign Reserves Reach $39 Billion in October – CBN
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, announced on Tuesday that the nation’s foreign reserves increased ...
CBN records high remittance inflows at $553m for July
The Central Bank of Nigeria (CBN), says it recorded a significant increase in remittance inflows of 553 million dollars in ...
Transparency: CBN re-introduces publication of key economic reports
The Central Bank of Nigeria (CBN) says it has reintroduced the publication of several key economic reports to foster transparency ...
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