CBN

Forex: CBN commences Payment Of Backlogs As Naira Appreciates

The Central Bank of Nigeria has commenced the payment of outstanding matured FX forwards owed to various creditors. The amount…

11 months ago

CBN Refutes Naira Scarcity, Urges Nigerians To Adopt Alternative Payment Methods

The Central Bank of Nigeria, CBN, has refuted allegations of cash scarcity in the banking sector as festive season approaches…

11 months ago

PERSPECTIVE: Is The Removal Of The 43 Items The End Of An Illusion?

BY BÁMIDÉLÉ ADÉMÓLÁ-OLÁTÉJÚ THE decision of the government to end the restriction of forty-three items from accessing foreign exchange at…

11 months ago

Real Estate Firms Borrow N2.26tn In 8 Months – Report

The Central Bank of Nigeria (CBN) has revealed the amount borrowed by real estate firms in the country. OSUN DEFENDER…

12 months ago

How Nigeria’s External Reserve Dropped To $33bn In September – Report

According to the 2024-2026 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), a copy made available to newsmen, the…

12 months ago

CBN FX Ban Lift: Rice, Fertiliser, Cement And Other 41 Items [FULL LIST]

The Central Bank of Nigeria (CBN), on Thursday, announced the lifting of the ban on 43 items previously restricted from…

12 months ago

CBN Intervenes In FX Market, Lifts Ban On 43 Items

The Central Bank of Nigeria (CBN) says it will boost liquidity in the foreign exchange (FX) market by intervening “from…

12 months ago

CBN Probe: Tinubu’s Special Investigator, Obazee Submits Interim Report

The Special Investigator appointed to probe the activities of the Central Bank of Nigeria (CBN), Jim Obazee, has reportedly submitted…

1 year ago

CBN Governor To Suspend Intervention Loans, Clear Dollar Debts

The new Governor of the Central Bank of Nigeria CBN, Olayemi Cardoso, has said he will prioritise clearing the apex…

1 year ago

Tinubu Appoints Cardoso As New CBN Governor

President Bola Tinubu has appointed Dr. Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN).…

1 year ago

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