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Central Bank of Nigeria News - Page 23

Buhari Finally Reacts To Godwin Emefiele’s Political Ambition, Discloses Those To Probe CBN Governor

Months after the Central Bank of Nigeria (CBN), Godwin Emefiele, decided to withdraw from contesting for an elective position in the government, President Muhammadu Buhari has addressed the outcry that trailed his political ambition. Emefiele’s decision to contest for political office via

June 22, 2022

Business·Currency

Official Exchange Rate Set To Rise Significantly, As World Bank Demands CBN Adjust Forex Rate

The World has requested an adjustment in the exchange rate of the Investors & Exporters (I&E) window in Nigeria, stating that the rise in oil price has presented the Central Bank of Nigeria (CBN) to take review. According to the World Bank,

June 21, 2022

Business

Why CBN Seized $450 million Belonging To Foreign Airlines Operating In Nigeria

About $450 million belonging to foreign airlines operating in Nigeria has been seized by the Central Bank of Nigeria (CBN), preventing the international companies from repatriating the funds back to their base. The International Air Transport Association (IATA) made the disclosure in

June 21, 2022

Business

World Bank Criticises CBN Policies, Says Nigeria Sitting On Time Bomb

The Central Bank of Nigeria (CBN) policies have been criticised by the World Bank, saying it worsens the business environment in the country. The global financial body hinted that the financial regulator needs to reduce its interventions. In its monthly report on

June 20, 2022

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Nigerian Currency Depreciates 21% Since CBN Ban On BDC Operators

The United States currency, Dollar, and that of Nigeria, Naira, held tight to their ground on Friday, trading at the same previous rates across the official foreign exchange market, Investors & Exporters (I&E) window, as well as the black market. On Thursday,

June 20, 2022

Business·Technology

NairaEx Founder, David Ajala, Reveals How CBN Cryptocurrency Ban Made Bitcoin, Others More Popular

David Ajala, the Chief Executive Officer and founder of Nigerian cryptocurrency exchange, NairaEx, said the Central Bank of Nigeria (CBN) ban on cryptoasset trading affected user transactions in the Nigerian digital currency market. At the start of November last year, bitcoin trade

June 15, 2022

Business·Finance & Economy

Godwin Emefiele Increases Bid For Non-interest Asset-backed Securities To N100 million

The minimum bid for non-interest asset-backed securities has been raised to N100 million by the Central Bank of Nigeria (CBN), a circular signed by the apex bank’s Director, Financial Markets Department, Angela Sere-Ejembi, disclosed. In the circular issued in 2022, titled “Framework

June 13, 2022

Business

BDC Operators Address Unstable Forex Rates, As Naira Hit N615 Per Dollar

The Association of Bureaux De Change Operators of Nigeria (ABCON) has urge the Central Bank of Nigeria (CBN) to partner with the group in order to end multiple exchange rates, as rise Naira grows weaker. Naira had closed the official market at

June 7, 2022

News

CBN Stopped From Keeping Sensitive Electoral Materials, Here’s Why

The Central Bank of Nigeria (CBN) will no longer store sensitive electoral materials, due to the apex bank governor, Godwin Emefiele, unconventional political ambition for the 2023 Presidential election. His presidential aspiration has now forced Independent National Electoral Commission (INEC) to seek

June 4, 2022

Business

CBN Tackling Economic Challenges With Interventions – Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has vowed to tack the economic challenges facing Nigeria’s economy. Emefiele who was represented by the Corporate Communications Director, CBN, Osita Nwanisoba, made this known at the end of a two-day CBN

February 21, 2022

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Central Bank of Nigeria News - Page 23

Buhari Finally Reacts To Godwin Emefiele’s Political Ambition, Discloses Those To Probe CBN Governor

Official Exchange Rate Set To Rise Significantly, As World Bank Demands CBN Adjust Forex Rate

Why CBN Seized $450 million Belonging To Foreign Airlines Operating In Nigeria

World Bank Criticises CBN Policies, Says Nigeria Sitting On Time Bomb

Black Market Dollar To Naira Exchange Rate Today: Nigerian Currency Depreciates 21% Since CBN Ban On BDC Operators

NairaEx Founder, David Ajala, Reveals How CBN Cryptocurrency Ban Made Bitcoin, Others More Popular

Godwin Emefiele Increases Bid For Non-interest Asset-backed Securities To N100 million

BDC Operators Address Unstable Forex Rates, As Naira Hit N615 Per Dollar

CBN Stopped From Keeping Sensitive Electoral Materials, Here’s Why

CBN Tackling Economic Challenges With Interventions – Emefiele

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