CBN – Page 13 of 14 – Prime Business Africa

Financial Inclusion Key To Realising Nigeria's $1trn Economy Target - Cardoso

Why CBN Adopted Market-based Approach In Managing Forex – Cardoso

Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has advanced reasons the monetary authority decided to adopt the policy of allowing market forces determine rates in the foreign exchange market in the

Victor Ezeja

February 22, 2024

Naira Depreciation Spurs Surge in Raw Material Imports To N3trn- NBS Reveals

Business·Markets·News

Naira Trades For N1,900/$1 Despite Rising Demand: CBN, EFCC Collaborate To Tackle Currency Speculators

The Nigerian Naira experienced a slight appreciation against the United States dollar in trading sessions, despite concerns over widening gaps between official and parallel market rates. As per data from the FMDQ

Emmanuel Ochayi

February 22, 2024

Business·News

NSA, EFCC To Collaborate With CBN To Curb Forex Crisis Amidst Economic Hardship

In a move aimed at tackling the rampant forex speculation plaguing Nigeria’s economy, the National Security Adviser’s Office (NSAO), under the leadership of Nuhu Ribadu, has joined hands with the Central Bank

Emmanuel Ochayi

February 20, 2024

Business·News

Aso Villa, DHQ, CBN, 83 Other MDAs To Face Disconnection Over N47bn Debt

Over 86 government ministries, agencies, and departments (MDAs) are facing disconnection by the Abuja Electricity Distribution Company (AEDC) due to a debt totaling N47 billion. The AEDC issued a public notice highlighting

Emmanuel Ochayi

February 20, 2024

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

Business·Markets·News

CBN Forex Policies Faltering As Naira Edges Closer To N1,700/$1: Is Stability Possible Amidst Structural Challenges?

The ongoing struggle to stabilize the naira against the dollar has intensified, with the exchange rate inching closer to a daunting N1,700/$1 mark. Despite concerted efforts by the Central Bank of Nigeria

Emmanuel Ochayi

February 17, 2024

Business·Finance & Economy

CBN Raises Customs Duty Rates By 59.1% In 2 Months Amid Naira Depreciation

CBN has increased the rates for computing Customs duties at ports for the sixth time in 2024 making it rise by 59.1 per cent since December 2023

Victor Ezeja

February 15, 2024

News

Buhari’s Signature Was Forged To Withdraw $6.2bn From CBN Under Emefiele, Ex-SGF Alleges

Former Secretary to the Government of the Federation (SGF) Boss Mustapha on Tuesday, February 13, alleged that signatures, including that of ex-President Muhammadu Buhari, were forged to facilitate the withdrawal of $6,230,000

Emmanuel Ochayi

February 13, 2024

Opinion

Talk To CBN Through Your Bank: What Do You Feel About Nigeria’s Online Payment Systems? (Part 2)

In continuation of our last article on the CBN’s Nigeria Inter-bank Settlement System (NIBSS), we previously brought you ideas on how NIBSS has powered digital payments to new heights through its Instant

MARCEL MBAMALU

February 13, 2024

News

Nigerian Lawmakers Urge CBN To Combat Inflation, Emphasize Collaboration With NDIC

In a bid to address the pressing issue of inflation, the Senate Committee on Banking, Insurance & other Financial Institutions has urged the Central Bank of Nigeria (CBN) to take decisive action.

Emmanuel Ochayi

February 12, 2024

Opinion

Talk To CBN Through Your Bank: What Do You Feel About Nigeria’s Online Payment Systems?

With Nigeria’s cashless policy gathering pace since the 2022-2023 naira redesign misadventure, the CBN has doubled down on its efforts to oil the engines of electronic payments. CBN’s Nigeria Inter-bank Settlement System

MARCEL MBAMALU

February 10, 2024

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CBN - Page 13

Why CBN Adopted Market-based Approach In Managing Forex – Cardoso

Naira Trades For N1,900/$1 Despite Rising Demand: CBN, EFCC Collaborate To Tackle Currency Speculators

NSA, EFCC To Collaborate With CBN To Curb Forex Crisis Amidst Economic Hardship

Aso Villa, DHQ, CBN, 83 Other MDAs To Face Disconnection Over N47bn Debt

CBN Forex Policies Faltering As Naira Edges Closer To N1,700/$1: Is Stability Possible Amidst Structural Challenges?

CBN Raises Customs Duty Rates By 59.1% In 2 Months Amid Naira Depreciation

Buhari’s Signature Was Forged To Withdraw $6.2bn From CBN Under Emefiele, Ex-SGF Alleges

Talk To CBN Through Your Bank: What Do You Feel About Nigeria’s Online Payment Systems? (Part 2)

Nigerian Lawmakers Urge CBN To Combat Inflation, Emphasize Collaboration With NDIC

Talk To CBN Through Your Bank: What Do You Feel About Nigeria’s Online Payment Systems?

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