CBN latest news - Page 32

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·Insights

How CBN’s New 15.5% Interest Rate, CRR Affects Your Business, Lifestyle

The Central Bank of Nigeria (CBN) increased the Monetary Policy Rate (MPR), which is the benchmark interest rate, to 15.5 percent from 14 percent on Tuesday. Nigeria’s central bank also raise cash

Fakoyejo Olalekan

2 years ago

Governor of Nigerias Central Bank Godwin Emefiele

Editorial

EDITORIAL: How To Save The Naira

As Nigeria’s monetary policy managers, the Central Bank of Nigeria (CBN), through its highest decision-making organ, the Monetary Policy Committee (MPC), holds its 287th meeting on Monday, September 26, and Tuesday September

Prime Business Africa Editorial

2 years ago

Business·Latest News·Top Stories

Dollar May Hit N1,000; Naira Devaluation Looms

Many an analyst have predicted that the dollar will unofficially hit the dreaded 1000 naira mark at the parallel market by the end of the year unless monetary policy managers – The

Uduegbunam Chukwujama

2 years ago

Business

Godwin Emefiele’s CBN Disburses $7.6 billion Amid Dollar Scarcity

Over $7.6 billion has been disbursed into the Nigerian economy by the Central Bank of Nigeria (CBN) in five months in a bid to increase availability of foreign exchange for transactions. The

Fakoyejo Olalekan

2 years ago

Emirates To Suspend Flights To Nigeria Over Inability To Repatriate Earnings

Business

Trapped Funds: Emirates Airlines To Proceed On Suspension of Nigerian Flights Despite CBN Intervention

Emirates Airlines has revealed that the suspension of Nigerian flights will continue after the Central Bank of Nigeria (CBN) released funds to settle protest among foreign airlines over trapped funds. Two weeks

Fakoyejo Olalekan

2 years ago

CBN Fines Union Bank N200 million For Cryptocurrency Trading

Business

Fidelity Bank Acquires Union Bank UK On CBN Approval

The Central Bank of Nigeria (CBN) has approved the acquisition of Union Bank’s UK subsidiary by Fidelity Bank, a statement obtained from the Nigerian Exchange Limited (NGX) on Tuesday disclosed. Fidelity Bank’s

Fakoyejo Olalekan

2 years ago

Business

CBN’s ‘Naira 4 Dollar Scheme’ Generates $2.4 billion Diaspora Remittances

The ‘Naira 4 Dollar Scheme’ created by the Central Bank of Nigeria (CBN) in 2021, attracted $2.4 billion in diaspora remittances within eight months, surpassing the figure reported last year. According to

Fakoyejo Olalekan

2 years ago

Trapped Funds: CBN Releases $265m To Foreign Airlines In Latest Strategic Move

In a strategic move to address the issue of trapped funds belonging to foreign airlines and check the brewing crisis in Nigeria’s aviation sector, the Central Bank of Nigeria (CBN) has released

Queen Nwabueze

2 years ago

Business

CBN’s Godwin Emefiele Unveils New USSD Code For eNaira 10 Months After Launch

The Central Bank of Nigeria (CBN) has revealed *997# as the Unstructured Supplementary Service Data (USSD) code for the eNaira. The apex bank said the new code will increase the possibilities of

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·Opinion

Economy, CBN And ‘Naira Battles’

The economy is the ‘oxygen’ of a people, and basically about the allocation of scarce resources for production, distribution and consumption for the fulfillment of the needs of the people. A national

Arize Nwobu

2 years ago

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CBN latest news - Page 32

How CBN’s New 15.5% Interest Rate, CRR Affects Your Business, Lifestyle

EDITORIAL: How To Save The Naira

Dollar May Hit N1,000; Naira Devaluation Looms

Godwin Emefiele’s CBN Disburses $7.6 billion Amid Dollar Scarcity

Trapped Funds: Emirates Airlines To Proceed On Suspension of Nigerian Flights Despite CBN Intervention

Fidelity Bank Acquires Union Bank UK On CBN Approval

CBN’s ‘Naira 4 Dollar Scheme’ Generates $2.4 billion Diaspora Remittances

Trapped Funds: CBN Releases $265m To Foreign Airlines In Latest Strategic Move

CBN’s Godwin Emefiele Unveils New USSD Code For eNaira 10 Months After Launch

Economy, CBN And ‘Naira Battles’

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