CBN – Page 2 of 14 – Prime Business Africa

CBN Orders PoS Transaction Tracking, Sets 30-Day Deadline For Payment Providers

CBN Mandates PoS Transaction Tracking Across Nigeria The Central Bank of Nigeria (CBN) has issued a new directive requiring all Payment Service Providers (PSPs) to track and manage every Point of Sale

Emmanuel Ochayi

5 months ago

SERAP Gives CBN 48 Hours To Reverse ATM Withdrawal Fee Increase

Business·Latest News

Experts Warn Of Economic Risks As External Debt Servicing Rises To $2.78bn

Nigeria’s external debt servicing surged by 53.63% to $2.78bn in 2024. Experts warn of economic risks as debt servicing strains government resources. Nigeria’s Soaring External Debt: A Growing Concern Nigeria’s external debt

Emmanuel Ochayi

6 months ago

Business·Latest News

Supplementary Budget, Minimum Wage May Hinder Economic Reforms, Warns Agusto & Co.

Agusto & Co. Warns of Economic Reform Risks Rating firm Agusto & Co. has raised concerns that the N6.6 trillion supplementary budget and the proposed N70,000 minimum wage might disrupt the economic

Emmanuel Ochayi

6 months ago

Naira Holds Steady As CBN Extends Dollar Access To BDC Operators

Business·Latest News

Forex Crisis Causes 57% Drop In Nigeria’s Letter Of Credit Payments, Impacting Imports, Economy

Nigeria’s Letter of Credit Payments Drop Amid Forex Crisis Nigeria’s economy is feeling the impact of a severe forex crisis, with the country’s Letter of Credit (LC) payments for the first seven

Emmanuel Ochayi

6 months ago

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

Business·Latest News

Nigerian Households To Prioritise Essentials, Cut Back On Major Purchases- CBN

Nigerian Households Shift Spending Priorities, Says CBN Survey A recent survey conducted by the Central Bank of Nigeria (CBN) reveals that Nigerian households are preparing to allocate a significant portion of their

Emmanuel Ochayi

6 months ago

CBN Sets New $25,000 Weekly Limit For BDCs To Regulate FX Market

Business·Latest News·Markets

Naira Falls 35.53% Against Dollar In Q1 Amid Increased Forex Inflow- CBN

CBN’s Economic Report Highlights Naira’s Decline The Central Bank of Nigeria (CBN) has released its economic report for the first quarter of 2024, revealing a significant decline in the naira’s value against

Emmanuel Ochayi

6 months ago

Business·Latest News·Markets

Business Owners’ Economic Conditions To Improve By 7.6 Points In August, Says CBN

Business Optimism Rising in Nigeria, CBN Reports Business owners in Nigeria are optimistic about the future, according to the Central Bank of Nigeria (CBN). The CBN’s latest Business Expectations Survey (BES) indicates

Emmanuel Ochayi

6 months ago

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

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th July 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki FX? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel

Victor Ezeja

7 months ago

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

Business·Finance & Economy·Latest News

‘Why CBN Should Not Raise Interest Rate’ As MPC Meets

The Central Bank of Nigeria (CBN) has been advised to suspend further hike of the benchmark interest rate because of the impact on the economy. This comes as the CBN Monetary Policy

Victor Ezeja

7 months ago

Business·Latest News

Rise In Crude Oil Exports Will Strengthen The Naira, Says CBN

CBN’s Macroeconomic Outlook The Central Bank of Nigeria (CBN) has highlighted the crucial role of increased crude oil production and exports in strengthening the naira. In its latest report, “Macroeconomic Outlook: Price

Emmanuel Ochayi

7 months ago

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CBN - Page 2

CBN Orders PoS Transaction Tracking, Sets 30-Day Deadline For Payment Providers

Experts Warn Of Economic Risks As External Debt Servicing Rises To $2.78bn

Supplementary Budget, Minimum Wage May Hinder Economic Reforms, Warns Agusto & Co.

Forex Crisis Causes 57% Drop In Nigeria’s Letter Of Credit Payments, Impacting Imports, Economy

Nigerian Households To Prioritise Essentials, Cut Back On Major Purchases- CBN

Naira Falls 35.53% Against Dollar In Q1 Amid Increased Forex Inflow- CBN

Business Owners’ Economic Conditions To Improve By 7.6 Points In August, Says CBN

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th July 2024

‘Why CBN Should Not Raise Interest Rate’ As MPC Meets

Rise In Crude Oil Exports Will Strengthen The Naira, Says CBN

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