latest CBN News – Page 2 of 2 – Prime Business Africa

Heritage Bank: NDIC Begins Debt Recovery, Repays 86.36% Customers

The Nigeria Deposit Insurance Corporation (NDIC) said it has repaid 86.36 per cent of customers of the defunct Heritage Bank with the use of Bank Verification Number (BVN). The Corporation said the

Victor Ezeja

3 months ago

Weak Naira: CBN Sells $543.5m To Boost FX Market

Business·Currency·Latest News

CBN FX Retail Auction: How 26 Banks Got $876.26m At N1,495/$

The Central Bank of Nigeria (CBN) has announced that it sold a total of US$876.26 million to end users using Retail Dutch Auction System (RDAS). It said the transaction was done by

Victor Ezeja

3 months ago

Business·Finance & Economy·Latest News

Unity, Providus Banks Merger Will Avert Systemic Risks, Boost Financial System – CBN

The Central Bank of Nigeria (CBN) has said the proposed merger between Unity Bank and Providus Bank Limited will help avert systemic risks and boost the stability of Nigeria’s financial system. The

Victor Ezeja

3 months ago

Naira Drops To N1606 Per Dollar, Lowest In 3 Weeks At Official Market

Business·Latest News

How CBN’s Delay In Providing Market Guidance Triggers Naira Fall – Report

Afrinvest Group’s 2024 Nigerian Banking Sector Report has attributed the notable decline in the value of the naira to the Central Bank of Nigeria Governor Olayemi Cardoso’s delay in offering market direction

Victor Ezeja

4 months ago

CBN’s FX Market Intervention Falls Short As Naira Struggles To Gain Ground

Business·Currency·Finance & Economy·Latest News

Naira Weakens Again, Falls To N1,617/$ At Official Market

After two days of respite, the value of the naira on Friday, 2nd August 2024, depreciated to N1617.08/$ at the official market. This reflects 3.0 per cent depreciation when compared to N1,570/$

Victor Ezeja

4 months ago

Business·Finance & Economy

CBN Sells $148m To 29 Authorised Dealers

In its relentless efforts to boost liquidity in the foreign exchange market and stabilise value of the naira, the Central Bank of Nigeria (CBN) has sold another tranche of FX to 29

Victor Ezeja

4 months ago

Business·Currency

Nigeria’s FX Allocation To Foreign Education Drops By 83% Amid Enrolment Decline

Nigeria’s FX allocation to foreign education has dropped amid decline in enrolment of international students, especially in the United Kingdom universities. The latest Central Bank of Nigeria (CBN) statistical bulletin revealed that

Victor Ezeja

4 months ago

Business·Currency·Latest News

CBN Orders Banks, Forex Dealers To Accept Old, Lower Dollar Denominations

The Central Bank of Nigeria (CBN) has warned licensed forex dealers and Deposit Money Banks (DMBs) against rejecting older and smaller denominations of US dollars. The apex bank stated that they are

Victor Ezeja

5 months ago

Naira Slips Again As Dollar Supply Drops

Business·Latest News

Naira Scarcity: Latest CBN News, Updates On Naira Notes For Today

Amid subsisting controversy on new naira notes, Prime Business Africa (PBA), brings you the latest news on naira redesign policy of the Central Bank of Nigeria (CBN) for today. GTBank, Others Limit

Uduegbunam Chukwujama

2 years ago

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

latest CBN News - Page 2

Heritage Bank: NDIC Begins Debt Recovery, Repays 86.36% Customers

CBN FX Retail Auction: How 26 Banks Got $876.26m At N1,495/$

Unity, Providus Banks Merger Will Avert Systemic Risks, Boost Financial System – CBN

How CBN’s Delay In Providing Market Guidance Triggers Naira Fall – Report

Naira Weakens Again, Falls To N1,617/$ At Official Market

CBN Sells $148m To 29 Authorised Dealers

Nigeria’s FX Allocation To Foreign Education Drops By 83% Amid Enrolment Decline

CBN Orders Banks, Forex Dealers To Accept Old, Lower Dollar Denominations

Naira Scarcity: Latest CBN News, Updates On Naira Notes For Today

Featured Stories

Nokia CEO Says Humans To Be Implanted With 6G Chips, Sets Timeframe

How Crude Oil Theft Stifles Nigeria’s Potential Despite OPEC Quota Progress

Ghana’s Economic Reality Check: Beyond The Tax Reforms

Cash Scarcity: What’s CBN Hiding From Nigerians?

Latest News

Rwanda Improves Head to Head Record, Beat Eagles in Uyo But Miss AFCON

Economy And CBN’s Coordinated Strategies

G20 Summit In Brazil: Leaders To Address Global Crises, Climate Action

Inflation Puts Nigerian Startups Founders Under Pressure, Report Reveals

APC Campaign Council

Categories

Suggestions

latest CBN News - Page 2

Follow Us

Featured Stories

Latest News

APC Campaign Council

Categories