CBN – Page 10 of 14 – Prime Business Africa

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

CBN Sells Dollars At ₦1,252/$1 To BDCs, As Naira Value Rises Further

In its bid to increase liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has announced second tranche of dollar sales to eligible Bureau de Change (BDC) operators at

Victor Ezeja

8 months ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Forex: Naira Ends Week On A Positive Note With N1,431/$ At Official Market

Nigeria’s currency, the naira, that has been depreciating in value for months in the foreign exchange market, ended this week on a positive note at rate of N1,431.49 against one US Dollar

Victor Ezeja

8 months ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th October 2024

Business·Currency

Naira Appreciates Further To ₦1,453 At Official Market

Naira continued its appreciation in the foreign exchange market closing trading at ₦1,453.28/$1 at the official market on Thursday, 21 March 2024. This means it recorded ₦39, reflecting 2.6 per cent gain

Victor Ezeja

8 months ago

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Business·Finance & Economy·Latest News

Nigeria’s Inflation Projected To Reach 32.63% Amidst Economic Challenges

Muhammad Sani Abdullahi, Deputy Governor of Nigeria’s Central Bank, unveiled projections indicating a rise in Nigeria’s inflation rate. Abdullahi’s insights, disclosed during an event at London’s CITI-CEEMA Macro Conference on March 20,

Emmanuel Ochayi

8 months ago

Finance & Economy

Naira Rebound To N1,400, CBN Clearing Of FX Backlogs: It’s Not Yet Time For Celebration – Expert

The clearing of foreign exchange backlogs by the Central Bank of Nigeria (CBN) and the appreciation of the value of the naira in the forex market has cast an air of delight

Victor Ezeja

8 months ago

Just In: CBN Resumes Fx Sale To BDCs At N1,021/$1

Business·Latest News·Markets

CBN Clears $7bn Forex Backlog, Boosting Economic Confidence

The Central Bank of Nigeria has announced the successful clearance of all valid foreign exchange (Forex) backlogs, marking a significant milestone in the nation’s economic journey. This accomplishment fulfills a commitment made

Emmanuel Ochayi

8 months ago

CBN Donates CBN N100bn Fertilisers To Boost Food Production

Agro-Economy·Latest News

CBN Donates N100bn Fertilisers To Boost Food Production

In its quest to support efforts by the Federal Government to mitigate the raging food crisis, the Central Bank of Nigeria (CBN), has donated 2.15 million bags of fertilisers worth over N100 billion to

Victor Ezeja

8 months ago

CBN Orders Nigerian Banks To Lift Restriction On Accounts Of Crypto, Other Firms

Business·Latest News

CBN Reads The Riot Act To Microfinance Banks, DFIs, PMBs Over Late Submission Of Monthly Returns

CBN has warned other financial institutions about their repeated failure to submit statutory monthly returns using the FinA program on time or at all.

Victor Ezeja

9 months ago

Nigeria’s Current Economic Stress May Linger For 3 Years - Moghalu

Business·Currency·Latest News

Forex Crisis: Go After Banks Not Only Crypto Platforms, Moghalu Tells CBN

Former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has called on the apex bank to beam its regulatory searchlight on commercial banks not only cryptocurrency exchange platforms

Victor Ezeja

9 months ago

Forensic Expert Confirms Forgery Of Buhari’s Signature To Withdraw $26m

A forensic expert, Bamaiyi Haruna on Thursday, informed the the Federal Capital Territory High Court, Abuja, that documents used to facilitate the withdrawal of $6.23 million from the Central Bank of Nigeria (CBN) last

Victor Ezeja

9 months ago

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CBN - Page 10

CBN Sells Dollars At ₦1,252/$1 To BDCs, As Naira Value Rises Further

Forex: Naira Ends Week On A Positive Note With N1,431/$ At Official Market

Naira Appreciates Further To ₦1,453 At Official Market

Nigeria’s Inflation Projected To Reach 32.63% Amidst Economic Challenges

Naira Rebound To N1,400, CBN Clearing Of FX Backlogs: It’s Not Yet Time For Celebration – Expert

CBN Clears $7bn Forex Backlog, Boosting Economic Confidence

CBN Donates N100bn Fertilisers To Boost Food Production

CBN Reads The Riot Act To Microfinance Banks, DFIs, PMBs Over Late Submission Of Monthly Returns

Forex Crisis: Go After Banks Not Only Crypto Platforms, Moghalu Tells CBN

Forensic Expert Confirms Forgery Of Buhari’s Signature To Withdraw $26m

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