CBN latest news - Page 12

Stay updated with the most recent news, breaking stories, major headlines, viewpoints, images, and videos concerning CBN from both Nigeria and around the globe today.

Breaking: CBN Raises Interest Rate To 18.75%

Business

CBN Asked To Get Rid Of Loan Apps Due To Danger To Nigerian Economy

The Central Bank of Nigeria (CBN) has been advised to end the operations of loan sharks in the country as they are dangerous to the economy. A former president of the Chattered

Fakoyejo Olalekan

10 months ago

Finance & Economy

Bank Sort Codes In Nigeria – How To Find Them

In Nigeria, bank sort codes play a crucial role in facilitating seamless and accurate financial transactions. They serve as unique identification numbers assigned to each bank branch, ensuring that transfers and transactions

Somto Bisina

10 months ago

Business

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

International Money Transfer Operators (IMTO) have been directed by the Central Bank of Nigeria (CBN) to add naira and eNaira payout to diaspora remittances. In a circular released on Wednesday, titled; Payout

Fakoyejo Olalekan

10 months ago

Naira Appreciates To N874 In Official Market Amid $2.25bn FX Support

Business·Markets

Naira Now Undervalued – Bank Of America

Following the floating of the naira in the foreign exchange market, the Bank of America (BoA) says the local currency has moved from being overvalued to undervalued. The American multinational investment bank

Victor Ezeja

10 months ago

External Reserves Fall To Two-Year Low, To Affect Tinubu’s N200/$1 Rate Ambition

CBN’s Cashless Policy Never Deterred Me From Winning Election – Tinubu

President Bola Tinubu on Thursday in Ijebu-Ode, Ogun State, said he remained hopeful and optimistic about achieving victory in the last presidential election, despite the ineffective cashless policy implemented by the Central

PBA Reporter

10 months ago

Business·Latest News

e-Naira: CBN Tasks Tertiary Institutions To Deploy For Tuition, Salaries

Students and management of tertiary institutions in Nigeria have been urged to embrace the e-Naira for payment of school fees and salaries. The Central Bank of Nigeria on Thursday made the call

Ifeanyi Ibe

11 months ago

Opinion

Why Wale Edun’s New Job Is Puzzling

The appointment of Mr. Olawale Edun, a seasoned investment banker and former commissioner of finance in Lagos State, as the Special Adviser to the President on Monetary Policy, has set off torrents

Etim Etim

11 months ago

Business·Currency

CBN To End RT200 FX, Naira4Dollar Schemes After Black Market And Official Rates’ Gap Fall By N192

The RT200 FX Programme and the Naira4Dollar scheme will be phased out by the Central Bank of Nigeria (CBN) following the apex bank’s decision to unify the multiple exchange rates. According to

Fakoyejo Olalekan

11 months ago

Business

Polaris Bank Maintains Adequate Capitalisation, Positions For Market Dominance – CEO

Polaris Bank has assured its customers, financial sector stakeholders, and regulators that the Bank passed its road to recovery years back and currently maintains adequate capitalisation that supports its growth objectives.

Victor Ezeja

11 months ago

Business·Currency·Latest News

Naira-Dollar Rate May Hit N630 On Emefiele Suspension, Arrest – Expert

How will the naira in the coming weeks respond to the goings-on in the Central Bank of Nigeria (CBN), given the suspension and eventual arrest of governor Godwin Emefiele? Lagos-based economic analyst, Razaq

Editor

11 months ago

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CBN latest news - Page 12

CBN Asked To Get Rid Of Loan Apps Due To Danger To Nigerian Economy

Bank Sort Codes In Nigeria – How To Find Them

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

Naira Now Undervalued – Bank Of America

CBN’s Cashless Policy Never Deterred Me From Winning Election – Tinubu

e-Naira: CBN Tasks Tertiary Institutions To Deploy For Tuition, Salaries

Why Wale Edun’s New Job Is Puzzling

CBN To End RT200 FX, Naira4Dollar Schemes After Black Market And Official Rates’ Gap Fall By N192

Polaris Bank Maintains Adequate Capitalisation, Positions For Market Dominance – CEO

Naira-Dollar Rate May Hit N630 On Emefiele Suspension, Arrest – Expert

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