CBN – Page 9 of 14 – Prime Business Africa

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

CBN Exchange Rate Intervention Spurs Importers’ Relief Amid Customs FX Rate Decline T0 N1,238/$1

Importers in Nigeria have found a silver lining in the dip in the FX rate used by the Nigeria Customs Service (NCS) for clearance of goods. The rate, which dropped from N1,246.66/$

Emmanuel Ochayi

April 10, 2024

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

Business·Currency·Finance & Economy·News

Why CBN Banned Use Of Foreign Currency Collaterals For Naira Loans

The Central Bank of Nigeria (CBN) has tightened regulations surrounding loan collaterals, specifically targeting the use of foreign currencies.

Emmanuel Ochayi

April 9, 2024

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

Business·Currency

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

In its relentless push to stabilise naira in the foreign exchange market, the Central Bank of Nigeria (CBN), has announced another round of sales of FX to eligible Bureau de Change (BDCs)

Victor Ezeja

April 8, 2024

Business·Finance & Economy·News

CBN Explains $950m Drop In External Reserves In 17 Days

Nigeria’s Central Bank, CBN, shed light on the drop of $950 million in the nation’s external reserves over 17 days, marking a notable economic shift in the country. According to recent data

Emmanuel Ochayi

April 8, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st March 2025

Business·Currency·News

Naira Sustains Trading Below N1,300/$1 For Second Day In Months

The Nigerian Naira has continued appreciation, trading below N1,300/$1 for the second day after months at both official and parallel foreign exchange markets windows.

Victor Ezeja

April 4, 2024

Recapitalisation: Minimize Disruptions To Banking System, Economy, CPPE Urges CBN

Business

Recapitalisation: Minimise Disruptions To Banking System, Economy, CPPE Urges CBN

CBN has been advised to ensure that the proposed recapitalisation of banks in the country should be done in a manner that would minimise shocks and disruptions to the banking system and

Victor Ezeja

April 2, 2024

Naira Strengthens By N63.72 Against Dollar In January As CBN Policies Boost Confidence

Business·Finance & Economy·Markets·News

CBN Reports Inflow Of $1.5bn As Naira Appreciation Signals Positive Monetary Policy Impact

The Central Bank of Nigeria (CBN) has announced an inflow of over $1.5 billion into the economy, signaling positive outcomes from its monetary policy efforts. Mrs. Sidi Ali, the acting Director of

Emmanuel Ochayi

March 29, 2024

Bank Sort Codes in Nigeria - How to Find Them

Business·News

Why CBN Increases Capital Base For Commercial Banks To N500bn, Merchant Banks N50bn

CBN has mandated Commercial, Merchant and Non-interest banks to increase their capital bases to enhance their resilience, solvency and capacity to support the country's economy in the midst of domestic and external

Victor Ezeja

March 29, 2024

Opinion

EFCC, CBN Investigation Of Forex Frauds Validate Suspicion Of Banks’ Complicity

Things are unravelling in the foreign exchange segment of the financial industry. Indeed, foreign exchange deals that were consummated in the crevices of secret places are now being exposed for fraud as

Nze Chidi Duru

March 28, 2024

Business·Finance & Economy

Experts Differ On Impact Of CBN’s Interest Rate Hike On Inflation

The recent monetary policy tightening measure adopted by the Central Bank of Nigeria (CBN) has continued to generate reactions as economic experts express divergent views about the impact on soaring inflation.

Victor Ezeja

March 28, 2024

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

CBN - Page 9

CBN Exchange Rate Intervention Spurs Importers’ Relief Amid Customs FX Rate Decline T0 N1,238/$1

Why CBN Banned Use Of Foreign Currency Collaterals For Naira Loans

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

CBN Explains $950m Drop In External Reserves In 17 Days

Naira Sustains Trading Below N1,300/$1 For Second Day In Months

Recapitalisation: Minimise Disruptions To Banking System, Economy, CPPE Urges CBN

CBN Reports Inflow Of $1.5bn As Naira Appreciation Signals Positive Monetary Policy Impact

Why CBN Increases Capital Base For Commercial Banks To N500bn, Merchant Banks N50bn

EFCC, CBN Investigation Of Forex Frauds Validate Suspicion Of Banks’ Complicity

Experts Differ On Impact Of CBN’s Interest Rate Hike On Inflation

Featured Stories

Naira vs Dollar: What To Expect This Week (31st March – 5th April 2025)

What’s Next, As The Dust Settles On Rivers’ Emergency Rule?

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe [Editorial]

How Nigerian Govt’s Proposed Solar Panels Import Ban Threatens Renewable Energy Projects

Latest News

Naira Crashes To N1,569 Per Dollar After Trump’s Trade Tariff Hike

MTN Shares: Net FX Loss Of N925bn Costs MTN Shareholders Dividends

Supreme Court Removes LP National Chairman, Abure, From Office

Genevieve Blasts, Delivers Violent Prayer For Social Media Troll

APC Campaign Council

Categories

Suggestions

CBN - Page 9

Follow Us

Featured Stories

Latest News

APC Campaign Council

Categories