Browse Tag

CBN latest news - Page 27

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

Dollar Rate Drops In Black Market, Rises To N461 In CBN-Backed Channel

The dollar rate in the official market increased on Thursday by 0.07 per cent as traders reduced the volume of transactions by 27.48 per cent. On December 29, foreign exchange trading record obtained from FMDQ Securities showed that the exchange rate between

December 30, 2022

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Bureau De Change Operators Agree To Sell Dollar At N745, Disagree On Buy Rate

The black market seems to be aligned on the exchange rate to sell dollars to the public, but there’s a disparity in the rate to buy the foreign currency from traders and individuals. In the parallel market, demand and supply determine the

December 29, 2022

Business

Senate Sets Up Special Committee To Probe CBN’s N22.8trn Loan To Buhari’s Gov’t

The Nigerian Senate has set up a special committee to probe the Ways & Means loans the Federal Government obtained from the Central Bank of Nigeria (CBN) and request by President Muhammadu Buhari to restructure the credit. Buhari had written to the

December 29, 2022

Naira Opens Week With Gain Across FX Markets

Business·Currency

BDC Operators Offer To Buy Dollar At N730 To Entice Official Market Traders

The exchange rate between the dollar and naira continues to sell above N700 in the black market, as demands for foreign exchange switched to the parallel market due to the Christmas holiday in the official market. Amid the yuletide period, the black

December 28, 2022

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

Opinion

Central Banks, Politicians And Vested Interests

Central banks are independent national institutions and supreme monetary authorities which are at the heart of the economy.

December 27, 2022

Business

CBN’s $200 Billion FX Repatriation Programme Worsening Nigeria’s Problem – World Bank

The World Bank said the ‘Race to US$200 Billion In FX Repatriation (RT200 FX)’ Programme of the Central Bank of Nigeria (CBN) has worsened Nigeria’s foreign exchange (forex/FX) problem. Recall that the central bank created the RT200 FX Programme to raise $200

December 27, 2022

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

Business

CBN Places 6,047 BVNs On Fraud Watch List, BVN Linked Accounts Increase

The Central Bank of Nigeria (CBN) has placed some Bank Verification Numbers (BVN) of bank customers on a watch list for fraudulent transactions. This comes as Nigeria prepares for a very important general election in 2023 following the completion of two terms

December 27, 2022

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business

German Embassy Rejects Old Naira Notes Before CBN’s Deadline

The German Embassy has disclosed that it will stop accepting old naira notes before the deadline set by the Godwin Emefiele-led Central Bank of Nigeria (CBN). Prime Business Africa had reported that the central bank redesigned the naira and announced that the

December 26, 2022

Business

Emefiele Flouts CBN Act – Speaker Gbajabiamila

The Speaker, House of Representatives, Femi Gbajabiamila, said the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has failed to comply with the CBN Act. According to Gbajabiamila, under Emefiele, the central bank has not been engaging with the National

December 23, 2022

Business·Currency·Insights

2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira

In the year 2022, Naira has had to fight against negative projection, strong dollar speculators, hoarders and the flip-flop policies of the Central Bank of Nigeria (CBN). Judging by the exchange rate as of Wednesday, speculators are still winning. Although the naira

December 22, 2022

Previous 1 … 25 26 27 28 29 … 44 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 latest news - Page 27

Dollar Rate Drops In Black Market, Rises To N461 In CBN-Backed Channel

Bureau De Change Operators Agree To Sell Dollar At N745, Disagree On Buy Rate

Senate Sets Up Special Committee To Probe CBN’s N22.8trn Loan To Buhari’s Gov’t

BDC Operators Offer To Buy Dollar At N730 To Entice Official Market Traders

Central Banks, Politicians And Vested Interests

CBN’s $200 Billion FX Repatriation Programme Worsening Nigeria’s Problem – World Bank

CBN Places 6,047 BVNs On Fraud Watch List, BVN Linked Accounts Increase

German Embassy Rejects Old Naira Notes Before CBN’s Deadline

Emefiele Flouts CBN Act – Speaker Gbajabiamila

2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira

Featured Stories

Nigeria’s World Cup Hopes Take Hit: Moffi and Ajayi Out of Gabon Playoff

My Wife Regina Daniels Is Battling Drug, Alcohol Addiction – NED NWOKO

EFCC, NIS, NCoS Complete Deportation of 192 Foreigners Convicted of Cyber-Terrorism in Lagos

Coup De’tat In Nigeria? Questions Over DIA’s Role In Uncovering Alleged Plot to Kill Tinubu, Shettima, Others

Whatsapp Channel

Latest News

Nigeria, LONGi Partner to Establish 1,000MW Solar Panel Factory in Landmark Renewable Energy Deal

Sarkozy’s Fall: Former French President Heads to Prison Over Libyan Funding Scandal

Nigeria’s World Cup Hopes Take Hit: Moffi and Ajayi Out of Gabon Playoff

My Wife Regina Daniels Is Battling Drug, Alcohol Addiction – NED NWOKO

Investors Shrug Off Banking Jitters, But More Volatility Lies Ahead – deVere CEO

Crypto Dives Further Amid Renewed Deleveraging Events

Innovation Series: Michael Gelpke Brings Home a Governmental Contract Worth 160M USD In Africa

Markets Find Footing as Gold Shines

Nigeria, LONGi Partner to Establish 1,000MW Solar Panel Factory in Landmark Renewable Energy Deal

Suggestions

CBN latest news - Page 27

Featured Stories

Follow Us

Whatsapp Channel

Latest News