Tag: CBN
CBN Sells $10,000 To Over 1,500 BDCs At N1,101/$
The Central Bank of Nigeria has announced the sales of dollars to 1, 588 Bureau De Change (BDC) operators to meet retail ...Nigerians owe CBN N261.07bn COVID-19 loan – Report
The Central Bank of Nigeria has released a strong affirmation of the security of cash within Nigerian banks, highlighting the country’s banking ...CBN push up commercial bank’s capital base to N500bn
The Central Bank Nigeria on Thursday unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with ...CBN increases interest rate to 24.75%
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, ...Naira rebounds as CBN sells forex to BDCs at N1,251/$1
As the naira gradually appreciates against the dollar after months of unprecendented uncertainties, the Central Bank of Nigeria (CBN), on Monday, announced ...31 states owe CBN N340bn bailout funds
Thirty-one state governments owe the Central Bank of Nigeria, CBN, a total of N339.9bn obtained to pay workers’ salaries between 2015 and ...CBN set to sell Treasury Bills worth N1.64 trillion between March, May
The Central Bank of Nigeria has said it will sell Treasury Bills worth N1.64 trillion in the second quarter 2024, Q2’24. This ...CBN raises interest rate to 22.75%
The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 400 basis points to a ...Travel allowances by cash no longer permitted, says CBN
In a move to solve the foreign exchange crisis in the country, the Central Bank of Nigeria says Personal and Basic Travel ...Sell excess dollars in 24 hours, CBN orders banks
Amidst fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell ...