CBN – Page 14 of 14 – Prime Business Africa

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

February 10, 2024

Breaking: Senate Confirms Cardoso As CBN Governor, 4 Deputies

Business·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

February 9, 2024

Business·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

February 9, 2024

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

Business·Currency·Finance & Economy·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

February 6, 2024

Business·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

February 6, 2024

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

Business·News

Forex Backlog: $2.4bn Linked To Non-existing Entities, Says CBN Gov, Exposes Phantom Transactions

Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria, has made a shocking revelation about the foreign exchange backlog, stating that $2.4 billion of the $7 billion inherited were linked

Emmanuel Ochayi

February 6, 2024

Business·News

$2.4bn Of The $7bn Inherited Were Linked to Non-existing Entities- CBN Gov Exposes Forex Phantom Transactions

Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria, revealed a shocking revelation about the foreign exchange backlog, stating that $2.4 billion of the $7 billion inherited was linked to

Emmanuel Ochayi

February 5, 2024

Business·Currency·News

CBN Denies Plans To Convert $30bn Domiciliary Deposits To Naira

The Central Bank of Nigeria (CBN) has denied planning to convert $30 billion deposits in domiciliary accounts in the country to naira. A report in one of the media outlets on Saturday

Victor Ezeja

February 3, 2024

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CBN - Page 14

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

Forex Backlog: $2.4bn Linked To Non-existing Entities, Says CBN Gov, Exposes Phantom Transactions

$2.4bn Of The $7bn Inherited Were Linked to Non-existing Entities- CBN Gov Exposes Forex Phantom Transactions

CBN Denies Plans To Convert $30bn Domiciliary Deposits To Naira

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