Central Bank of Nigeria News – Page 14 of 24

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

2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira

In the year 2022, Naira has had to fight against negative projection, strong dollar speculators, hoarders and the flip-flop policies of the Central Bank of Nigeria (CBN). Judging by the exchange rate

Fakoyejo Olalekan

2 years ago

Naira Depreciates To N1,542 Per Dollar At Official Market

Business·Currency

Naira Falls In Official Window, Dollar Rate Declines In Black Market

The official market recorded another decline in the value of the naira, as the dollar rate went up by 0.23 per cent at the end of trading on December 21, 2022. According

Fakoyejo Olalekan

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business·Currency

Updated: CBN Increases Cash Withdrawal Limit For Businesses, Individuals, Warns Banks

The maximum weekly cash withdrawal for businesses and individuals across all channels has been increased by the Central Bank of Nigeria (CBN). CBN revised the previous cash withdrawal policy, instructing commercial banks

Fakoyejo Olalekan

2 years ago

CURRENCY SWAP DEADLINE: N100trn National Output At Risk - CPPE

Business·Currency·Insights

4 Features To Help You Identify New Naira Notes

Amid circulation of fake N1,000 notes, the Central Bank of Nigeria (CBN) has released security features of the new naira notes that will help Nigerians isolate fake notes from the newly redesigned

Fakoyejo Olalekan

2 years ago

Business·Top Stories

Cash Withdrawal Policy Controversy: Lawmaker Lashes Out At CBN’s Godwin Emefiele

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been criticised by a member of the House of Representatives, Yusuf Gagdi, for failing to honour the lawmakers’ summons. Gagdi in

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Rate Drops In Black Market Amid DSS’ Attempt To Arrest CBN’s Emefiele

The black market recorded a drop in Dollar rate on Tuesday, but the exchange rate between the Naira and the United States currency traded flat in the official market on Monday. Dollar

Fakoyejo Olalekan

2 years ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency·Diaspora·Latest News

Diaspora Remittances: CBN Threatens To Withdraw Banks’ Forex Licences

Nigerian banks risk losing their foreign exchange dealership licences for violating directive of the Central Bank of Nigeria (CBN) on diaspora remittances. In a circular to banks dated December 14, 2022, the

Fakoyejo Olalekan

2 years ago

Business

Court Asks DSS To Obtain Buhari’s Approval To Arrest CBN’s Godwin Emefiele

A federal high court sitting in Abuja has directed the Department of State Services (DSS) to obtain approval from President Muhammadu Buhari to arrest the governor of the Central Bank of Nigeria

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Rate Depreciates In Black Market Amid CBN’s Controversial Naira Policies

The naira gained against the dollar in the black market on Monday but depreciated in the official market on Friday based on exchange rate data obtained from FMDQ. Prime Business Africa gathered

Fakoyejo Olalekan

2 years ago

Call CBN to arrest POS agents selling naira notes

Business

POS Operators To Take Over Streets To Protest CBN’s Cash Withdrawal Limits

The Association of Mobile Money and Bank Agents (AMMBAN) has given the Central Bank of Nigeria (CBN) until the end of 2022 to reverse its the cash withdrawal limits. Point of Sales

Fakoyejo Olalekan

2 years ago

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Central Bank of Nigeria News - Page 14

2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira

Naira Falls In Official Window, Dollar Rate Declines In Black Market

Updated: CBN Increases Cash Withdrawal Limit For Businesses, Individuals, Warns Banks

4 Features To Help You Identify New Naira Notes

Cash Withdrawal Policy Controversy: Lawmaker Lashes Out At CBN’s Godwin Emefiele

Dollar Rate Drops In Black Market Amid DSS’ Attempt To Arrest CBN’s Emefiele

Diaspora Remittances: CBN Threatens To Withdraw Banks’ Forex Licences

Court Asks DSS To Obtain Buhari’s Approval To Arrest CBN’s Godwin Emefiele

Dollar Rate Depreciates In Black Market Amid CBN’s Controversial Naira Policies

POS Operators To Take Over Streets To Protest CBN’s Cash Withdrawal Limits

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