CBN – Page 13 of 14 – Prime Business Africa

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

9 months ago

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

10 months ago

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

10 months ago

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

10 months ago

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

10 months ago

Business·Latest News

The Cash Conundrum: How The Escalating Cash In Circulation Is Impacting Nigeria’s Inflation

In the bustling economic landscape of Nigeria, a concerning trend has emerged, one that threatens to disrupt the delicate balance of the nation’s financial stability. The Central Bank of Nigeria’s (CBN) latest

Emmanuel Ochayi

10 months ago

Breaking: Senate Confirms Cardoso As CBN Governor, 4 Deputies

Business·Latest News

CBN Gov Declares End To Ways, Means For FG, Vows Tightened Monetary Policy

In a move to address economic challenges, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the cessation of Ways and Means advances to the Federal Government until

Emmanuel Ochayi

10 months ago

Business·Latest News

CBN Creates New Department For NNPCL Dollar Revenue Transaction Amid Criticism

The Central Bank of Nigeria (CBN) has established a dedicated department to manage crude oil sales transactions previously handled by the Nigerian National Petroleum Company Limited (NNPCL). Mele Kyari, the Group Chief

Emmanuel Ochayi

10 months ago

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

Business·Currency·Finance & Economy·Latest News

Foreign Education, Medical Tourism Worsen FX Crisis, Costing Nearly $40bn – Cardoso Laments

Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), said foreign education and medical tourism on have contributed significantly in Nigeria’s foreign exchange (FX) crisis. Cardoso made the revelation when

Victor Ezeja

10 months ago

Business·Latest News

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

In a revelation today, the Governor of the Central Bank of Nigeria (CBN), Mr. Cardoso, unveiled the tangible results of recent reforms initiated by the apex bank, underscoring a surge in liquidity

Emmanuel Ochayi

10 months ago

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CBN - Page 13

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?

The Cash Conundrum: How The Escalating Cash In Circulation Is Impacting Nigeria’s Inflation

CBN Gov Declares End To Ways, Means For FG, Vows Tightened Monetary Policy

CBN Creates New Department For NNPCL Dollar Revenue Transaction Amid Criticism

Foreign Education, Medical Tourism Worsen FX Crisis, Costing Nearly $40bn – Cardoso Laments

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

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