Central Bank of Nigeria CBN

CBN Slashes FX Duty Rates Amid Continued Naira Appreciation At Forex Market

The Central Bank of Nigeria (CBN) has slashed the exchange rate used to calculate import duties. It was learnt that the rate…

1 week ago

Dollar vs Naira: CBN Takes Action, Revokes Licenses Of 4,173 BDCs

The licenses of 4,173 Bureaux de Change (BDC) operators have been revoked by the Central Bank of Nigeria (CBN). This…

2 weeks ago

CBN Directors: Senate Confirms 4 Persons As One Rejects Nomination

Four nominees out of five from President Bola Tinubu to serve on the Board of Directors of the Central Bank…

2 weeks ago

We’re Working To Restore Nigeria’s Fiscal Health To Normal – CBN Gov

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, has disclosed that efforts are underway to restore the…

2 weeks ago

CBN Begins Sales Of Dollars At N1301

The Central Bank of Nigeria, CBN, has declared its intention to allocate foreign exchange valued at $20,000 to every qualified…

2 weeks ago

CBN Announces Measures To Checkmate Inflation

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said the bank will no longer grant Ways…

1 month ago

(VIDEO): Nigerian Students Studying Abroad Responsible For High Exchange Rate – CBN Governor

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso has attributed the recent increase in the dollar exchange…

1 month ago

We Uncovered $2.4b Invalid FX Claims – Cardoso

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has said the apex bank has discovered $2.4 billion…

1 month ago

Disquiet As CBN Decongests Head Office, Relocates Departments To Lagos

There is a disquiet as the Central Bank of Nigeria (CBN) is set to decongest its head office in Abuja and transfer…

2 months ago

“No Cause For Concern”- CBN Assures Stability of Banking Sector

Following speculations that the Federal Government would take over some some financial institutions in the country, the Central Bank of…

3 months ago

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