Central Bank of Nigeria News – Page 21 of 24

CBN Places Service Restriction On PoS Agents Across Nigeria

CBN Accuses Nigeria’s Private Sector Of Hoarding Dollars

The private sector have been directed to repatriate the foreign exchange earnings obtained from the Central Bank of Nigeria (CBN) to conduct business in the international market. According to CBN’s Deputy Director,

Fakoyejo Olalekan

2 years ago

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

CBN, AMCON Allegedly Planning To Sell Polaris Bank, To Lose N1.16 trillion In Deal

The Central Bank of Nigeria (CBN) is reportedly planning to sell Polaris Bank at the cost of N40 billion to Auwal Lawan Abdullahi, a commercial farmer and the Sarkin Sudan of Gombe

Fakoyejo Olalekan

2 years ago

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Black Market Dollar To Naira Exchange Rate: BDC Operators Drop Dollar Rate After Sending Message To CBN

August 2, 2022 Dollar Rate Update: Bureau De Change (BDC) operators reduced their asking price for sale of dollar on Tuesday, showing sign of rise in availability of the United States currency

Fakoyejo Olalekan

2 years ago

Governor of Nigerias Central Bank Godwin Emefiele

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

Business·Currency

CBN Addresses Connection Between Cryptocurrencies and Naira

The Central Bank of Nigeria (CBN) has dismissed the connection between the naira and cryptocurrency market, stating that the Nigerian currency doesn’t mirror any cryptoasset. Nigeria’s financial regulator’s statement comes amid naira’s

Fakoyejo Olalekan

2 years ago

Business·Currency

CBN Blames NNPC, Two Others, As Dollar Sells For N718

The Nigeria National Petroleum Company (NNPC) Limited has been blamed by the Central Bank of Nigeria (CBN) for scarcity of dollar and depreciation of the naira in recent weeks. Nigeria’s financial regulator

Fakoyejo Olalekan

2 years ago

Business·Currency

Black Market Dollar To Naira Exchange Rate: Dollar Sells For N707, As Senate Wants Scapegoat For Weak Naira

July 27, 2022 Dollar Update: The exchange rate of the dollar in Nigerian currency, naira, finally crossed the N700 mark on Wednesday in the black market, as demand for the United States

Fakoyejo Olalekan

2 years ago

Business·Currency

Senate Summons Emefiele Over Rising Dollar Rate, Lists 2 Things CBN Must Do

Nigerian Senate has summoned Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the depreciating rate of the naira, as Senator Biodun Olujimi, said someone must be punished. Emefiele was

Fakoyejo Olalekan

2 years ago

Business·Currency

Black Market Dollar To Naira Exchange Rate: Dollar Sells At N685 In Black Market, N431 In I&E Window

July 26, 2022 Dollar Rate Update: The naira remains weak against the United States currency, dollar, as scarcity overwhelms the official foreign exchange market, Investors & Exchange window, as well as the

Fakoyejo Olalekan

2 years ago

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Central Bank of Nigeria News - Page 21

CBN Accuses Nigeria’s Private Sector Of Hoarding Dollars

CBN, AMCON Allegedly Planning To Sell Polaris Bank, To Lose N1.16 trillion In Deal

Black Market Dollar To Naira Exchange Rate: BDC Operators Drop Dollar Rate After Sending Message 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

CBN Addresses Connection Between Cryptocurrencies and Naira

CBN Blames NNPC, Two Others, As Dollar Sells For N718

Black Market Dollar To Naira Exchange Rate: Dollar Sells For N707, As Senate Wants Scapegoat For Weak Naira

Senate Summons Emefiele Over Rising Dollar Rate, Lists 2 Things CBN Must Do

Black Market Dollar To Naira Exchange Rate: Dollar Sells At N685 In Black Market, N431 In I&E Window

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