CBN – Page 4 of 15 – Prime Business Africa

Naira Crisis: The Hidden Truth Of Dollar Hoarding

Nigeria’s FX Reserves Rise To $34.14bn Amid World Bank Support

Nigeria’s Reserves Hit New High Nigeria’s foreign exchange (FX) reserves have reached $34.14 billion, marking a 4.06% increase from $32.74 billion on June 3, 2024. This data, released by the Central Bank

Emmanuel Ochayi

June 30, 2024

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Finance & Economy·Opinion

CBN: Strengthening Banks And The Financial System

The banks’ recapitalisation policy scheduled for March 2026, by the Central Bank of Nigeria (CBN), is a proactive and commendable policy that aims at enhancing the solidity of banks in driving the

Arize Nwobu

June 29, 2024

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business·Currency·News

CBN Revises Guidelines For Foreign Currency Deposits

The Central Bank of Nigeria (CBN) has released new guidelines for the deposit of foreign currency notes by Deposit Money Banks (DMBs). In a circular dated 27 June 2024 signed by CBN’s

Victor Ezeja

June 29, 2024

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

Business·Finance & Economy

Nigeria’s External Reserves Rises To $34bn, Highest Since March

Nigeria’s external reserves has surged to $34.07 billion in June. This was revealed in the latest forex reserves data published by the Central Bank of Nigeria (CBN) on its official website. The

Victor Ezeja

June 28, 2024

Business

Import: CBN Stops Price Verification System For Form M

The Central Bank of Nigeria has discontinued its Price Verification System (PVS) required for validation of Form M application. In a circular released on Wednesday, 26 June, the apex bank said the

Victor Ezeja

June 28, 2024

Naira vs Dollar: What To Expect This Week (10th-15th, March 2025)

Business·News

CBN Announces Measures To Tackle Inflation As Reforms Attract $24bn Inflow

Inflation Pressure Eases Due to Central Bank Policies Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says inflationary pressure has started dropping, due to the central bank’s policy measures aimed

Emmanuel Ochayi

June 26, 2024

Business·Finance & Economy

Our Capital Raise Will Spur Growth Of Businesses, Boost Economy – Fidelity Bank MD, Onyeali-Ikpe

Managing director and CEO of Fidelity Bank Plc, Nneka Onyeali-Ikpe has expressed confidence that the bank will raise N500 billion to meet the Central Bank of Nigeria (CBN)'s recapitalisation policy requirement before

Victor Ezeja

June 21, 2024

Business·FEATURES

Why Fidelity Bank Began Recapitalisation Before CBN Directive – Executive Director Amuchie

As banks and other financial institutions begin to retool their strategies, in line with the reforms and policies of the Central Bank of Nigeria (CBN), in the banking sector, Stanley Amuchie, Executive

Prime Business Africa

June 17, 2024

Business·News

Monetary Policy Tightening May Not Curb Inflation- World Bank Warns CBN

The World Bank has cautioned that the Central Bank of Nigeria’s (CBN) aggressive monetary policy tightening may fail to control inflation and pose a significant risk to Nigeria’s economic growth. This warning

Emmanuel Ochayi

June 13, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·News

Currency In Circulation Hits N3.97trn In May

The value of currency in circulation in Nigeria has reached a historic high of N3.97 trillion at the end of May, marking a 1.07 per cent increase over the previous month. This

Emmanuel Ochayi

June 11, 2024

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.

CBN - Page 4

Nigeria’s FX Reserves Rise To $34.14bn Amid World Bank Support

CBN: Strengthening Banks And The Financial System

CBN Revises Guidelines For Foreign Currency Deposits

Nigeria’s External Reserves Rises To $34bn, Highest Since March

Import: CBN Stops Price Verification System For Form M

CBN Announces Measures To Tackle Inflation As Reforms Attract $24bn Inflow

Our Capital Raise Will Spur Growth Of Businesses, Boost Economy – Fidelity Bank MD, Onyeali-Ikpe

Why Fidelity Bank Began Recapitalisation Before CBN Directive – Executive Director Amuchie

Monetary Policy Tightening May Not Curb Inflation- World Bank Warns CBN

Currency In Circulation Hits N3.97trn In May

Featured Stories

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe [Editorial]

World Bank Report: Experts, Groups Advise On How Nigeria Can Halt Increasing Poverty

Top Six Possible Successors Of Pope Francis: Diverse Visions

Nigerians Counter Report On Massive Drop In Price Of Rice

Latest News

Petrol Importers Endure Losses As Landing Cost Higher Than Dangote Refinery’s Price

Barcelona Pockets €1.5M In One Hour From Travis Scots Shirt Deal

Student Loan: ICPC Retracts Claim Of Disbursement Discrepancies

Napoli Ponders Osimhen Release Clause Slash, As Suitors Mount Pressure

APC Campaign Council

Categories

Suggestions

CBN - Page 4

Follow Us

Featured Stories

Latest News

APC Campaign Council

Categories