Financial experts have projected that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will significantly increase …
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Less than five days after it marginally reduced the Customs Exchange rate from N1515.48 to N1472.756 last week, the Central …
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EconomyNews
FG Begins Audit of CBN’s N22.7t ways and Means Loan Under Buhari
by News Deskby News DeskThe federal government has said that it was conducting an audit of the N22.7trillion Ways and Means loans of the …
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The Central Bank of Nigeria (CBN) has reduced the exchange rate for calculations of Customs Duty rates from N1,515.48 to …
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EconomyNews
CBN Fixes $1m as Capital Requirements For International Money Transfer Operators
by News Deskby News DeskThe Central Bank of Nigeria (CBN) has fixed $1m as the minimum share capital requirement for International Money Transfer Operators, …
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EconomyNews
CBN Intensifies Action Against Speculators, as Naira Rebounds Slowly
by News Deskby News DeskIn its efforts to further expand a transparent foreign exchange (forex) regime, the Central Bank of Nigeria (CBN) has removed …
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EconomyNews
$700m Remains Blocked Despite CBN’s Release Of $136.73m, Says IATA
by News Deskby News DeskThe International Air Transport Association (IATA) is in consultation with foreign member airlines operating in Nigeria to verify the release …
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At least 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office …
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EconomyNews
CBN Clears More Verified Forex Liabilities Backlog, Releases $500m
by News Deskby News DeskIn its determination to address the backlog of verified foreign exchange (forex) transactions, the Central Bank of Nigeria (CBN) has …
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Nigeria is a country of one week, one issue; but insecurity, spreading over the nation like a cancer in a …