Browse Tag

CBN - Page 7

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

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 Nigeria (CBN) website. Prime Business Africa reports that the last

July 11, 2024

Survey: 65.8% Respondents Want Interest Rate Cut As CBN Holds MPC Meeting

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 interest rate soon. Prime Business Africa reports that Cardoso made

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 capital base of Access Bank in line with the Central

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, saying it was counterproductive. The CBN had last Thursday, announced

July 4, 2024

Naira Falls Against Dollar Across FX Markets

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 of Nigeria (CBN), highlights a significant improvement in the country’s

June 30, 2024

Energy, Exchange Rate, Transportation Top Three Drivers Of Inflation In Nigeria - 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 economy for greater impact in a globalized world with fast

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 acting director, Currency Operations Department, Mohammed Olayemi, the apex bank

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 figure marks the highest level since March 2024. Prime Business

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 discontinuation takes effect from 1 July 2024. It referenced a

June 28, 2024

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 at reducing the current inflation rate of 33.69%. He made

June 26, 2024

Previous 1 … 5 6 7 8 9 … 18 Next

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 7

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

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

Featured Stories

Sahara Group Challenges Young Africans To Turn Energy Challenges into Entrepreneurial Opportunities

‘Nigeria’s National Single Window: A Make-or-Break Moment for Trade Facilitation

21km Dusted: Today I Chased Miles, Not Speed

At 54, Approaching 55, I Have Begun to Rethink What Fitness Means

Whatsapp Channel

Latest News

Use of ‘Jaanbaz’ by Iranian State TV Fuels Speculation Over Possible Injury to Mojtaba Khamenei

Dollar Sells Above N1,400 Across Official, Black Markets

NGX Market Cap Drops As Share Prices Of Mutual Benefit, NASCON, Others Decline

Olorunshola, Anammah… Five Women Leading Nigerian Companies Worth Over N1trn

6 Things Nigerians Should Know About the Current Oil Market Trends

Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

Dangote Cement Records 20% Increase in 2025 Revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

Use of ‘Jaanbaz’ by Iranian State TV Fuels Speculation Over Possible Injury to Mojtaba Khamenei

Suggestions

CBN - Page 7

Featured Stories

Follow Us

Whatsapp Channel

Latest News