CBN latest news - Page 16

Stay updated with the most recent news, breaking stories, major headlines, viewpoints, images, and videos concerning CBN from both Nigeria and around the globe today.

Business

T-Bills: CBN To Use N500bn Funds In Dormant Naira, Domiciliary Accounts

The Central Bank of Nigeria (CBN) has informed commercial banks that it will use the money in dormant accounts for investment purposes. CBN said it will favour the financial regulator and the

Fakoyejo Olalekan

2 years ago

Business

Nigerian Cinema Operators Affected By CBN’s Naira Policy, Earn N441 million

Over N441 million was generated by the Cinema Exhibitors Association of Nigeria (CEAN) in March 2023, the National Chairman of the cinema operators, Opeyemi Ajayi, revealed. The amount was generated from movies

Fakoyejo Olalekan

2 years ago

Business

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

The Central Bank of Nigeria (CBN) has been urged to hand over the N250 billion intervention fund for the National Gas Expansion Programme to the Independent Petroleum Marketers Association of Nigeria (IPMAN).

Fakoyejo Olalekan

2 years ago

Breaking: CBN Tell Banks To Increase Interest Rate On Loan, Set MPR At 18.5%

Business

Over 134.39 million Bank Accounts Risk Shutdown As CBN Clampdown On Fraud

Bank accounts not linked to Bank Verification Number (BVN) system will be closed down by the financial regulator, the Central Bank of Nigeria (CBN). The central bank said it will take the

Fakoyejo Olalekan

2 years ago

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

Business·Currency

Dollar Rate Rises, CBN Fines Stanbic IBTC Over Export Proceeds

The foreign exchange rate between the Naira and the United States Dollar (USD) closed at N461.50 in the official market on Thursday, 30 March 2023. Prime Business Africa learnt that the day

Fakoyejo Olalekan

2 years ago

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

Business

How Nigerian Farmers Lost N30 billion Due To CBN’s Naira Redesign Policy

Due to the Naira redesign policy of the Central Bank of Nigeria (CBN), Nigerian farmers lost N30 billion as they struggled with the scarcity of cash. This was revealed by the President

Fakoyejo Olalekan

2 years ago

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Currency·Insights·Latest News·Top Stories

Naira to Dollar Rate Today – Latest News, Updates

Naira to Dollar Exchange Rate – Latest News, Updates Prime Business Africa (PBA) brings you the latest news/updates on dollar to Naira exchange rate today. The US Federal Reserve and at least

Somto Bisina

2 years ago

Business·Opinion

Rise And Rise Of Nigeria’s Interest Rate

His mood was calculated, calm, sober and gentler than ever as he addressed his audience on Nigeria’s interest rate at the just-concluded 2023 second MPC meeting after the one in January. Central

Ifeanyi Ibe

2 years ago

Business

NLC To Suspend Strike Action Against CBN, FG Intervenes In Dispute

The Minister of Labour and Employment, Chris Ngige, said the Nigeria Labour Congress (NLC) will suspend the planned strike slated for Wednesday, 29 March 2023. Ngige revealed at the weekly ministerial briefing

Fakoyejo Olalekan

2 years ago

Stanbic IBTC Fined N159 million For Earnings Misinformation, Hoarding Export Proceeds, Others

Business

Stanbic IBTC In Trouble For Hoarding Export Proceeds, Misinformation On Earnings

For contravening various guidelines, Stanbic IBTC Holdings Plc was slammed with fines by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC). Stanbic IBTC was also penalised by

Fakoyejo Olalekan

2 years ago

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CBN latest news - Page 16

T-Bills: CBN To Use N500bn Funds In Dormant Naira, Domiciliary Accounts

Nigerian Cinema Operators Affected By CBN’s Naira Policy, Earn N441 million

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

Over 134.39 million Bank Accounts Risk Shutdown As CBN Clampdown On Fraud

Dollar Rate Rises, CBN Fines Stanbic IBTC Over Export Proceeds

How Nigerian Farmers Lost N30 billion Due To CBN’s Naira Redesign Policy

Naira to Dollar Rate Today – Latest News, Updates

Rise And Rise Of Nigeria’s Interest Rate

NLC To Suspend Strike Action Against CBN, FG Intervenes In Dispute

Stanbic IBTC In Trouble For Hoarding Export Proceeds, Misinformation On Earnings

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