CBN - Central Bank Of Nigeria
CBN mandates banks to move to new FX trading platform, gives commencement date
The Central Bank of Nigeria has mandated banks in the interbank FX market to move to the Bloomberg BMatch system for FX trading, effective December 2, 2024.
NNPC announces new Port Harcourt refinery’s petrol price, marketers compare to Dangote's
RETROAN's public relations officer reveaed that the price ofPMS produced by the old Port Harcourt Refinery, is N75 per litre more than that of the Dangote Refinery.
CBN makes changes to forex trading, announces new minimum requirement
A minimum deal size of $100,000 is now required for interbank FX trading using the Electronic Foreign Exchange Matching System, according to new CBN guideline.
CBN reduces customs exchange rate to clear goods as Naira appreciates against US dollar
The Central Bank of Nigeria has made changes to the Nigerian Customs' dollar exchange rate, which importers use to clear goods at airports and ports.
Naira bounces back in the official window as dollar supply rises
The Nigerian currency, the naira, staged a dramatic comeback in the official foreign exchange mart after depreciating for days, leading to a high cost of goods.
CBN governor said external reserves rises to 40.88 billion
According to Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), the country's foreign reserves reached $40.88 billion as of November 21.
Again, CBN raises interest rates, banks to adjust savings accounts and loans
The Central Bank of Nigeria, Monetary Policy Committee (MPC) led by Olayemi Cardoso, has announced another increase in interest rates to fight inflation.
Naira crashes against US dollar in foreign exchange markets
The Nigerian currency has lost more value against the dollar in the official Nigerian Autonomous Foreign Exchange Market (NAFEX) and unofficial FX market
Jubilation as another Nigerian bank increases staff salary by 40% after GTBank
With effect from November 1, 2024, Union Bank of Nigeria has raised employee pay by 40% to alleviate the financial burden caused by the rising cost of living.
CBN - Central Bank Of Nigeria
Load more