CBN latest news - Page 33

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·Currency

Dollar To Naira Exchange Rate: BDC Operators Increase Dollar Rates After CBN Snub

August 24, 2022 Dollar Rates Update: Bureau De Change (BDC) operators increased Dollar rates on Tuesday, as demand for the United States currency outweighs supply in the black market and official forex

Fakoyejo Olalekan

2 years ago

No Plan To Phase Out Naira Notes, CBN Debunks

Business·Latest News

Nigerian Government Sees Naira Recovery In 2025

The Nigerian government foresees naira recovery, saying it expects the national currency to recover in the next three years. The naira has experienced unprecedented loss of value against the dollar and other

Uduegbunam Chukwujama

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

Nigeria’s Central Bank Reverses COVID-19 Loan Interest To 9%

The Central Bank of Nigeria (CBN) has reversed the interest rate on intervention loan extended towards small, medium and large scale companies to alleviate COVID-19 impact on their operation. CBN restored the

Fakoyejo Olalekan

2 years ago

Business

CBN’s Godwin Emefiele Increases Savings Interest Rate – How It Affects Nigerians, Inflation

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has increased interest rate on savings account, as the apex bank said Nigeria’s economy has returned to normalcy. In a circular

Fakoyejo Olalekan

2 years ago

Business

CBN’s Move To Defend Naira Against Dollar Affects External Reserves, Drops $337 million In Two Weeks

The Central Bank of Nigeria (CBN) has taken foreign exchange out of the external reserves to defend the naira against the dollar, resulting to the reserves depleting by $337 million. According to

Fakoyejo Olalekan

2 years ago

Governor of Nigerias Central Bank Godwin Emefiele

Business

CBN’s Emefiele Defends Rising Debt Under Buhari, As World Bank Ranks Nigeria Fourth Chronic Debtor

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has defended the rising debt under President Muhammadu Buhari, stating that borrowing is an essential part of running a government. Emefiele

Fakoyejo Olalekan

2 years ago

Business

Nigerians Bypass CBN’s Dollar Ban To Import N385 billion Worth Of Sugar

Despite the Central Bank of Nigeria (CBN) placing sugar in the restriction list of the foreign exchange, the country imported N385 billion worth of the commodity in the first half of 2022.

Fakoyejo Olalekan

2 years ago

Business·Currency

Black Market Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate After Advice To CBN

August 8, 2022 Dollar Rate Update: On the Investors and Exporters window, the naira closed flat at N430 to one dollar on Friday, maintaining the same selling price traders offered the United

Fakoyejo Olalekan

2 years ago

Business·Currency

Bureau De Change Operators Provide CBN With Solutions To Save Naira

The Central Bank of Nigeria (CBN) has been urged by the Association of Bureaux De Change Operators of Nigeria (ABCON), to put an end to the official fixed rate in the foreign

Fakoyejo Olalekan

2 years ago

Business·Currency

Black Market Dollar To Naira Exchange Rate: Dollar Finally Falls In Black Market After CBN Outburst

July 29, 2022 Dollar Rate Update: The naira depreciated in the official foreign exchange market on Friday, losing N2.80kobo in value, as traders on the Investors and Exporters window sold the dollar

Fakoyejo Olalekan

2 years ago

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CBN latest news - Page 33

Dollar To Naira Exchange Rate: BDC Operators Increase Dollar Rates After CBN Snub

Nigerian Government Sees Naira Recovery In 2025

Nigeria’s Central Bank Reverses COVID-19 Loan Interest To 9%

CBN’s Godwin Emefiele Increases Savings Interest Rate – How It Affects Nigerians, Inflation

CBN’s Move To Defend Naira Against Dollar Affects External Reserves, Drops $337 million In Two Weeks

CBN’s Emefiele Defends Rising Debt Under Buhari, As World Bank Ranks Nigeria Fourth Chronic Debtor

Nigerians Bypass CBN’s Dollar Ban To Import N385 billion Worth Of Sugar

Black Market Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate After Advice To CBN

Bureau De Change Operators Provide CBN With Solutions To Save Naira

Black Market Dollar To Naira Exchange Rate: Dollar Finally Falls In Black Market After CBN Outburst

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