CBN - Central Bank Of Nigeria
CBN increases interest rate for Access Bank, GTB, others to transact with customers
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate from 18.75% to 22.75%, a four hundred basis point increase.
"I mistakenly sent N200K to a wrong bank account, how do I get my money back?" Expert explains
An expert has provided a clear explanation of the process bank customers can follow to receive a refund when money is mistakenly sent to the wrong bank account.
CBN removes over N1trn excess cash from Access Bank, Zenith, others to fix naira fall, inflation
The Central Bank of Nigeria has mopped about over N1 trillion in excess liquidity from the system to fight inflation, strengthen the naira and stabilise the economy.
N1000/$1: Expert speaks on new customs duty exchange rate for Nigerians to clear goods
To alleviate the current challenges in the nation, the Center for the Promotion of Private Enterprise has urged the CBN to set a new rate of customs duty.
CBN moves to place annual limit on foreign school fees, medical bills payments from BDCs
The Central Bank of Nigeria (CBN) has introduced a limit on annual school fees and medical bill payments from Bureau de Change (BDC) operators in Nigeria.
BDCs respond to CBN’s requirement, gives conditions to operate new guideline
The Association of Bureau De Change of Nigeria's president, Aminu Gwadebe, responded to the CBN's latest proposal regarding the requirement for operators.
IMF speaks on its alleged prediction of exchange rate of naira to dollar in 2024
The International Monetary Fund has distanced itself from the purposed forecast of exchange rate of the naira to the dollar in 2024, saying it is false.
Traders sell dollars at new rates as naira depreciates by over N90 in official market
Naira at the Nigerian Autonomous Foreign Exchange Market (NAFEM) continued its poor performance against the US dollar despite efforts by the CBN.
CBN imposes new capital requirement on currency traders in Nigeria, Limits FX cash purchases
The Central Bank of Nigeria has issued a new guideline for Bureau de Change Operators in Nigeria, requiring them to maintain a minimum capital of N2bn
CBN - Central Bank Of Nigeria
Load more