CBN – Page 3 of 14 – Prime Business Africa

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Nigeria’s Foreign Reserves Hit $35.05bn, Highest Since Tinubu Assumed Office

Nigeria’s foreign reserves on Wednesday, surged to $35.05 billion being the highest since President Bola Tinubu assumed office last year. This is data according to data obtained from the Central Bank of

Victor Ezeja

8 months ago

SERAP Gives CBN 48 Hours To Reverse ATM Withdrawal Fee Increase

Business·Latest News

CBN Governor Promises Slowdown In Interest Rate Increases

Inflation Control Critical, Says CBN Governor The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, recently declared that the institution aims to slow down the increases in the benchmark

Emmanuel Ochayi

8 months ago

Business·Latest News

Recapitalisation: Access Holdings Begins N351bn Right Rights Issue July 8

Access Holdings Plc will on on Monday, 8 July 2024, begin its N351 billion capital raise through rights issue to shareholders. Prime Business Africa reports that the move is to increase the

Victor Ezeja

8 months ago

Weak Naira: CBN Sells $543.5m To Boost FX Market

Business·Latest News

Economic Expert Hails CBN For Stopping FX Price Verification System

Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE) Dr Muda Yusuf, has commended the Central Bank of Nigeria (CBN) for discontinuing its Forex Price Verification System Portal,

Victor Ezeja

8 months ago

Naira Holds Steady As CBN Extends Dollar Access To BDC Operators

Business·Latest News

Nigeria’s FX Reserves Rise To $34.14bn Amid World Bank Support

Nigeria’s Reserves Hit New High Nigeria’s foreign exchange (FX) reserves have reached $34.14 billion, marking a 4.06% increase from $32.74 billion on June 3, 2024. This data, released by the Central Bank

Emmanuel Ochayi

8 months ago

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

Finance & Economy·Opinion

CBN: Strengthening Banks And The Financial System

The banks’ recapitalisation policy scheduled for March 2026, by the Central Bank of Nigeria (CBN), is a proactive and commendable policy that aims at enhancing the solidity of banks in driving the

Arize Nwobu

8 months ago

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

Business·Currency·Latest News

CBN Revises Guidelines For Foreign Currency Deposits

The Central Bank of Nigeria (CBN) has released new guidelines for the deposit of foreign currency notes by Deposit Money Banks (DMBs). In a circular dated 27 June 2024 signed by CBN’s

Victor Ezeja

8 months ago

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Finance & Economy

Nigeria’s External Reserves Rises To $34bn, Highest Since March

Nigeria’s external reserves has surged to $34.07 billion in June. This was revealed in the latest forex reserves data published by the Central Bank of Nigeria (CBN) on its official website. The

Victor Ezeja

8 months ago

Business

Import: CBN Stops Price Verification System For Form M

The Central Bank of Nigeria has discontinued its Price Verification System (PVS) required for validation of Form M application. In a circular released on Wednesday, 26 June, the apex bank said the

Victor Ezeja

8 months ago

Business·Latest News

CBN Announces Measures To Tackle Inflation As Reforms Attract $24bn Inflow

Inflation Pressure Eases Due to Central Bank Policies Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says inflationary pressure has started dropping, due to the central bank’s policy measures aimed

Emmanuel Ochayi

8 months ago

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CBN - Page 3

Nigeria’s Foreign Reserves Hit $35.05bn, Highest Since Tinubu Assumed Office

CBN Governor Promises Slowdown In Interest Rate Increases

Recapitalisation: Access Holdings Begins N351bn Right Rights Issue July 8

Economic Expert Hails CBN For Stopping FX Price Verification System

Nigeria’s FX Reserves Rise To $34.14bn Amid World Bank Support

CBN: Strengthening Banks And The Financial System

CBN Revises Guidelines For Foreign Currency Deposits

Nigeria’s External Reserves Rises To $34bn, Highest Since March

Import: CBN Stops Price Verification System For Form M

CBN Announces Measures To Tackle Inflation As Reforms Attract $24bn Inflow

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