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CBN latest news - Page 34

CBN Places Service Restriction On PoS Agents Across Nigeria

Nigerians Bypass CBN’s Dollar Ban To Import N385 billion Worth Of Sugar

Despite the Central Bank of Nigeria (CBN) placing sugar in the restriction list of the foreign exchange, the country imported N385 billion worth of the commodity in the first half of 2022. Within the period, the price of sugar rose from $397

August 9, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Black Market Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate After Advice To CBN

August 8, 2022 Dollar Rate Update: On the Investors and Exporters window, the naira closed flat at N430 to one dollar on Friday, maintaining the same selling price traders offered the United States currency during the previous day. The Nigerian currency stabilised

August 8, 2022

Governor of Nigerias Central Bank Godwin Emefiele

Business·Currency

Bureau De Change Operators Provide CBN With Solutions To Save Naira

The Central Bank of Nigeria (CBN) has been urged by the Association of Bureaux De Change Operators of Nigeria (ABCON), to put an end to the official fixed rate in the foreign exchange market. ABCON’s President, Aminu Gwadabe, said abolishing the fixed

August 1, 2022

Business·Currency

Black Market Dollar To Naira Exchange Rate: Dollar Finally Falls In Black Market After CBN Outburst

July 29, 2022 Dollar Rate Update: The naira depreciated in the official foreign exchange market on Friday, losing N2.80kobo in value, as traders on the Investors and Exporters window sold the dollar at N429/$1 by closing hour. United States currency rose by

August 1, 2022

Business·Currency

CBN Addresses Connection Between Cryptocurrencies and Naira

The Central Bank of Nigeria (CBN) has dismissed the connection between the naira and cryptocurrency market, stating that the Nigerian currency doesn’t mirror any cryptoasset. Nigeria’s financial regulator’s statement comes amid naira’s deteriorating value against foreign currencies in the black market, which

August 1, 2022

News

Nigerians React To Godwin Emefiele’s Threat Over Buying Dollar With Naira

Nigerians are criticising the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for his plan to go after persons selling naira to buy dollar amid scarcity of foreign currency. Prime Business Africa had reported earlier on Wednesday that Emefiele said

July 20, 2022

Business·News

CBN’s Emefiele Reveals Punishment For Politicians Funding 2023 Election With Dollars

Politicians planning to buy dollar to fund the coming 2023 election have been warned against such action, as the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says forex is being monitored. Emefiele said it is illegal, and could warrant

July 20, 2022

20 Topline African Countries With The Highest Benchmark Lending Rates

Business·Finance & Economy·News

20 Topline African Countries With Highest Benchmark Lending Rates

If you’ve been keeping abreast with latest lending rates around the African continent, then you are probably aware that the Central Bank of Nigeria (CBN) has just raised the Monetary Policy Rate (MPR) from 14% to 15.5% on Tuesday, September 27, 2022.

July 19, 2022

Business

How CBN’s New 14% MPR Affects Nigerian Households, Jobs

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) following a hike in inflation rate in June. The central bank made the decision after Tuesday’s Monetary Policy Committee (MPC) meeting. Godwin Emefiele, the central bank governor raised the

July 19, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Black Market Dollar To Naira Exchange Rate: CBN’s Official Forex Market Increases Cost Of Buying Dollar

July 14, 2022 Dollar Update: The naira to dollar exchange rate increased on Thursday at the Investors and Exporters window, which is the official foreign exchange market recognised by the Central Bank of Nigeria (CBN). Following close of business, Prime Business Africa

July 15, 2022

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CBN latest news - Page 34

Nigerians Bypass CBN’s Dollar Ban To Import N385 billion Worth Of Sugar

Black Market Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate After Advice To CBN

Bureau De Change Operators Provide CBN With Solutions To Save Naira

Black Market Dollar To Naira Exchange Rate: Dollar Finally Falls In Black Market After CBN Outburst

CBN Addresses Connection Between Cryptocurrencies and Naira

Nigerians React To Godwin Emefiele’s Threat Over Buying Dollar With Naira

CBN’s Emefiele Reveals Punishment For Politicians Funding 2023 Election With Dollars

20 Topline African Countries With Highest Benchmark Lending Rates

How CBN’s New 14% MPR Affects Nigerian Households, Jobs

Black Market Dollar To Naira Exchange Rate: CBN’s Official Forex Market Increases Cost Of Buying Dollar

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