Tag: CBN
Developing: CBN sells $10,000 to BDCs at N1,101/$
The Central Bank of Nigeria (CBN) on Monday announced the sale of dollars to Bureau de Change operators.
In a statement signed by Dr. W.J....
Monetary policy reforms will check inflationary tide, check foreign exchange distortions...
The Central Bank of Nigeria (CBN), says its on-going reforms will check rising inflationary trend and address distortions in the foreign exchange market
The CBN...
CBN says staggering $26bn illicitly passed through Binance Nigeria in one...
Mr. Yemi Cardoso, the Central Bank of Nigeria (CBN) governor, said on Tuesday that over $26 billion in illicit flows had passed through the...
CBN amends FX rates for customs duty on importation
The Central Bank of Nigeria (CBN), has reviewed the formula for fixing foreign exchange rates for Customs duty on importation.
Dr Hassan Mahmud, the Director,...
BDC: CBN mandates sellers above $10,000 to declare sources
The Central Bank of Nigeria (CBN) has mandated foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 dollars and above...
CBN splits $134m bank transfer to avoid infraction – AuGF report
The Central Bank of Nigeria under the previous administration split the transfer of $134m to the United Kingdom branch of Nigerian bank to avoid...
NNPC, CBN to Strengthen Relationship to Guarantee Seamless Commercial Operation
Joint Statement by the Nigerian National Petroleum Company (NNPC Ltd) and the Central Bank of Nigeria (CBN) on Banking Relationship
The Group Chief Executive Officer...
CBN: Nigerians spent $98bn on foreign trips, education in 10 years
Nigerians’ spending on foreign education, healthcare and personal travels gulped over $98bn in 10 years, according to the Central Bank of Nigeria data.
The CBN...
Ministers, CBN, FIRS pledge to address high cost of living
Minister of Finance, Mr Wale Edun, and the Minister of Budget and National Planning, Atiku Bagudu, have assured Nigerians that the high cost of...
CBN unveils action plans to revive economy
The governor of Central Bank Nigeria (CBN), Olayemi Cardoso, has highlighted some action plans the apex bank is embarking on to help boost the...
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