CBN - Central Bank Of Nigeria
The crash of the Nigerian currency, the naira has led to an adjustment of Customs foreign exchange rate for cargo clearance by the Central Bank of Nigeria (CBN).
Participants in the oil sector now have access to $2.97bn in funds from the Central Bank of Nigeria to import petroleum products and related items into the country.
Access Holdings Plc, the parent company of Access Bank, has reported a mouthwatering profit of N248.9 billion in the first six months of this year.
Access Holdings has evolved into a leading multinational financial services group offering services in banking, lending, payment, insurance & asset management.
The Central Bank of Nigeria's (CBN) Ways and Means facility is no longer being used by the federal government to settle its debts during an Access Corporate Forum.
The CBN has clarified its Monetary Policy Circular and has removed it from its website while confirming that the cybersecurity levy remains suspended.
Representatives from the Dangote Refinery and domestic crude oil refiners have declared their opposition to major Nigerian oil marketers beginning to import PMS.
The Afreximbank has declared that the depreciation of the naira may scare away investors and it poses a big risk for future investments in the country.
The Naira has depreciated in value against the US dollar in the official market but recorded an improvement in the black market ahead of the CBN MPC meeting.
CBN - Central Bank Of Nigeria
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