CBN - Central Bank Of Nigeria
“No More Bank Fees”: PalmPay Introduces Free Bank Transfers on transactions
The digital payment company, PalmPay has introduced free bank transfers on transactions on its app to all banks in Nigeria to drive financial inclusion.
CBN tells Nigerians what to do as naira loses strength against British Pound, Dollar
The value of the Pound is quickly approaching the dreaded N2,000/£1 threshold on the black market, trading at N1,964/£1, with the US dollar at a four-month high.
CBN moves to crash dollar, sells over $122m to 46 authorised dealers, new exchange rate emerges
The Central Bank of Nigeria has sold $122 million to 46 dealers as part of its efforts to ease pressure in the foreign exchange market and also stabilise rates.
CBN speaks on revoking licenses of 2 more banks, NDIC begins prosecution of Heritage Bank directors
The Central Bank of Nigeria (CBN) has debunked a circular purporting that it has revoked the licenses of Keystone and Unity banks after Heritage Bank's collapse.
CBN gives new exchange Rates to clear goods from Nigeria’s ports as naira gains in official market
The Central Bank of Nigeria has adjusted the CBN's exchange rates for duty clearance from N1,520 to N1,558 to a dollar despite the naira's gain and high FX turnover.
Naira crushed again in official, parallel markets as dollar inflow improves
The Nigerian currency, the naira, again depreciated in the official and parallel markets, trading at N1,554.66 and N1,570 per dollar respectively.
CBN announces new management for NSMPS as Tinubu sacks ‘Buhari’s in-law’, 4 others
The CBN has sacked the executive management of the Nigerian Security Printing and Minting Plc, which includes Buhari's in-law, and made new appointments.
“Naira will appreciate”: Tinubu scores first as FX reserves exceed $35 billion
Nigeria's external reserves have risen to a new high of $35.05 billion as of June 8, 2024, according to data from the Central Bank of Nigeria (CBN).
CBN gives new exchange rates as naira bounces back against British pound
The Central Bank of Nigeria improved against the British pound despite falling to the United States Dollar and also the Euro in the official foreign exchange market.
CBN - Central Bank Of Nigeria
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