CBN – Page 12 of 17 – Prime Business Africa

Recapitalisation: Minimize Disruptions To Banking System, Economy, CPPE Urges CBN

Recapitalisation: Minimise Disruptions To Banking System, Economy, CPPE Urges CBN

CBN has been advised to ensure that the proposed recapitalisation of banks in the country should be done in a manner that would minimise shocks and disruptions to the banking system and the economy at large.

April 2, 2024

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Business·Finance & Economy·Markets·News

CBN Reports Inflow Of $1.5bn As Naira Appreciation Signals Positive Monetary Policy Impact

The Central Bank of Nigeria (CBN) has announced an inflow of over $1.5 billion into the economy, signaling positive outcomes from its monetary policy efforts. Mrs. Sidi Ali, the acting Director of the Corporate Communications Department at CBN, stated that these inflows

March 29, 2024

Bank Sort Codes in Nigeria - How to Find Them

Business·News

Why CBN Increases Capital Base For Commercial Banks To N500bn, Merchant Banks N50bn

CBN has mandated Commercial, Merchant and Non-interest banks to increase their capital bases to enhance their resilience, solvency and capacity to support the country's economy in the midst of domestic and external macroeconomic challenges.

March 29, 2024

Opinion

EFCC, CBN Investigation Of Forex Frauds Validate Suspicion Of Banks’ Complicity

Things are unravelling in the foreign exchange segment of the financial industry. Indeed, foreign exchange deals that were consummated in the crevices of secret places are now being exposed for fraud as it is against the good people of Nigeria that they

March 28, 2024

Business·Finance & Economy

Experts Differ On Impact Of CBN’s Interest Rate Hike On Inflation

The recent monetary policy tightening measure adopted by the Central Bank of Nigeria (CBN) has continued to generate reactions as economic experts express divergent views about the impact on soaring inflation.

March 28, 2024

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Currency·News

BDCs Debunk Viral Report Of Dollars Selling At N1,000/$1

Bureau De Change operators have debunked a report that has gone viral which claims that one dollar now sells at N1,000 at parallel market.

March 28, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency

Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market

Nigeria’s currency, the naira has continued to rise in value, trading at N1.382.95/$1 at the official market on Tuesday, 26 March 2024.

March 27, 2024

NACCIMA Boss, Oye, To Chair Vanguard Economic Summit 2025

Business·News

CBN’s New MPR Hike May Cripple Private Sector, NACCIMA Warns

NACCIMA has warned that the latest hike of the Monetary Policy rate ( MPR) to 24.75% by the Central Bank of Nigeria (CBN) would have a significant negative impact on private sector operations in the country.

March 27, 2024

Moghalu Lists What Makes Emefiele Most Damaging CBN Governor In History

Business

Moghalu Briefs EU Nigeria On Economy, Named Fellow Academy Of Int’l Affairs

A former Deputy Governor of the Central Bank of Nigeria, Prof. Kingsley Moghalu, on Tuesday, briefed the diplomatic missions of EU member countries in Nigeria on the Nigerian economy. Prof Moghalu, who is also President of the Institute for Governance and Economic

March 27, 2024

Nigerian Govt's Suspension Of Taxes On Food Imports Will Stabilise Prices - NACCIMA

Business·News

Forex Backlogs: NACCIMA Seeks CBN’s Urgent Attention To Unmet FX Requests By OPS Operators

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has commended the clearing of a $7 billion foreign exchange backlog by the Central Bank of Nigeria (CBN). The body however called on the government to take urgent steps to

March 26, 2024

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CBN - Page 12

Recapitalisation: Minimise Disruptions To Banking System, Economy, CPPE Urges CBN

CBN Reports Inflow Of $1.5bn As Naira Appreciation Signals Positive Monetary Policy Impact

Why CBN Increases Capital Base For Commercial Banks To N500bn, Merchant Banks N50bn

EFCC, CBN Investigation Of Forex Frauds Validate Suspicion Of Banks’ Complicity

Experts Differ On Impact Of CBN’s Interest Rate Hike On Inflation

BDCs Debunk Viral Report Of Dollars Selling At N1,000/$1

Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market

CBN’s New MPR Hike May Cripple Private Sector, NACCIMA Warns

Moghalu Briefs EU Nigeria On Economy, Named Fellow Academy Of Int’l Affairs

Forex Backlogs: NACCIMA Seeks CBN’s Urgent Attention To Unmet FX Requests By OPS Operators

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CBN - Page 12

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