CBN – Page 9 of 14 – Prime Business Africa

Business·Finance & Economy·Latest News·Markets

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

8 months ago

Bank Sort Codes in Nigeria - How to Find Them

Business·Latest 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

8 months ago

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

8 months ago

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

8 months ago

Naira Drops To N1606 Per Dollar, Lowest In 3 Weeks At Official Market

Business·Currency·Latest News

BDCs Debunk Viral Report Of Dollars Selling At N1,000/$1

Bureau De Change operators have debunked a report that has gone viral which claims that one dollar now sells at N1,000 at parallel market.

Victor Ezeja

8 months ago

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

Business·Currency

Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market

Nigeria’s currency, the naira has continued to rise in value, trading at N1.382.95/$1 at the official market on Tuesday, 26 March 2024.

Victor Ezeja

8 months ago

Business·Latest News

CBN’s New MPR Hike May Cripple Private Sector, NACCIMA Warns

NACCIMA has warned that the latest hike of the Monetary Policy rate ( MPR) to 24.75% by the Central Bank of Nigeria (CBN) would have a significant negative impact on private sector operations

Victor Ezeja

8 months ago

Moghalu Lists What Makes Emefiele Most Damaging CBN Governor In History

Business

Moghalu Briefs EU Nigeria On Economy, Named Fellow Academy Of Int’l Affairs

A former Deputy Governor of the Central Bank of Nigeria, Prof. Kingsley Moghalu, on Tuesday, briefed the diplomatic missions of EU member countries in Nigeria on the Nigerian economy. Prof Moghalu, who

Admin

8 months ago

Nigerian Govt's Suspension Of Taxes On Food Imports Will Stabilise Prices - NACCIMA

Business·Latest News

Forex Backlogs: NACCIMA Seeks CBN’s Urgent Attention To Unmet FX Requests By OPS Operators

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has commended the clearing of a $7 billion foreign exchange backlog by the Central Bank of Nigeria (CBN). The body

Victor Ezeja

8 months ago

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Business·Finance & Economy

Inflation: CBN Raises MPR Again To 24.75%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR), the benchmark interest rate to 24.75 per cent, from the previous 22.75 per cent.

Victor Ezeja

8 months ago

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CBN - Page 9

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

BDCs Debunk Viral Report Of Dollars Selling At N1,000/$1

Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market

CBN’s New MPR Hike May Cripple Private Sector, NACCIMA Warns

Moghalu Briefs EU Nigeria On Economy, Named Fellow Academy Of Int’l Affairs

Forex Backlogs: NACCIMA Seeks CBN’s Urgent Attention To Unmet FX Requests By OPS Operators

Inflation: CBN Raises MPR Again To 24.75%

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