CBN – Page 5 of 16 – Prime Business Africa

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

Rise In Crude Oil Exports Will Strengthen The Naira, Says CBN

CBN’s Macroeconomic Outlook The Central Bank of Nigeria (CBN) has highlighted the crucial role of increased crude oil production and exports in strengthening the naira. In its latest report, “Macroeconomic Outlook: Price

Emmanuel Ochayi

July 19, 2024

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Currency·Finance & Economy·News

Nigeria’s Foreign Reserves Hit $35.05bn, Highest Since Tinubu Assumed Office

Nigeria’s foreign reserves on Wednesday, surged to $35.05 billion being the highest since President Bola Tinubu assumed office last year. This is data according to data obtained from the Central Bank of

Victor Ezeja

July 11, 2024

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

Business·News

CBN Governor Promises Slowdown In Interest Rate Increases

Inflation Control Critical, Says CBN Governor The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, recently declared that the institution aims to slow down the increases in the benchmark

Emmanuel Ochayi

July 8, 2024

Access ARM Pensions Holds AGM Friday 30 May

Business·News

Recapitalisation: Access Holdings Begins N351bn Right Rights Issue July 8

Access Holdings Plc will on on Monday, 8 July 2024, begin its N351 billion capital raise through rights issue to shareholders. Prime Business Africa reports that the move is to increase the

Victor Ezeja

July 7, 2024

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

Business·News

Economic Expert Hails CBN For Stopping FX Price Verification System

Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE) Dr Muda Yusuf, has commended the Central Bank of Nigeria (CBN) for discontinuing its Forex Price Verification System Portal,

Victor Ezeja

July 4, 2024

Naira Crisis: The Hidden Truth Of Dollar Hoarding

Business·News

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

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

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CBN - Page 5

Rise In Crude Oil Exports Will Strengthen The Naira, Says CBN

Nigeria’s Foreign Reserves Hit $35.05bn, Highest Since Tinubu Assumed Office

CBN Governor Promises Slowdown In Interest Rate Increases

Recapitalisation: Access Holdings Begins N351bn Right Rights Issue July 8

Economic Expert Hails CBN For Stopping FX Price Verification System

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

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