Tag: CBN
CBN To Travelers: You Have Two Weeks To Return Unused Forex
Travelers who buy foreign exchange from banks for travel purposes but fail to embark on the trip two weeks after their scheduled travel date...
Abuse The Naira, Get Arrested, CBN Tells Nigerians
The Central Bank of Nigeria (CBN) and the police are set to arrest and prosecute abusers of the naira.
In a statement, the apex bank’s...
When CBN Distributed N820m Inputs To 3,102 Ekiti Rice Farmers
Farm inputs worth over N820million have been distributed to 3,102 rice-farmers in Ekiti State under the Central Bank of Nigeria (CBN)/Rice Farmers Association of...
CBN To Nigerians: Inflation Will Drop To Single Digit In 2022
The Central Bank of Nigeria has said it sees the country’s inflation rate dropping to single digit next year, with the full implementation of...
After Fine, MTN Rebuilds Relationship With NCC
Nigeria largest mobile network operator, MTN Nigeria has announced that it has rebuilt its relationship with the Nigerian Communications Commission (NCC) after the settlement...
How Customers’ N89.2b Was Recovered From Commercial Banks By CBN
The Central Bank of Nigeria (CBN) has so far recovered N89.2 billion of customer’s money from commercial banks in the country based on 23,526...
Integrated Farms: CBN To Partner NALDA
The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele has said the bank would collaborate with the National Agriculture Land Development Authority (NALDA) to...
All Set For CBN To Launch Digital Currency Oct 1
The Central Bank of Nigeria has said that it will launch the pilot scheme of its digital currency on October 1st, 2021.
According to Nairametrics,...
Sugar: CBN Says Only Dangote, BUA, Golden Can Import
The Central Bank on Nigeria has restricted the importation of sugar into the country to three companies: BUA Sugar Refinery Ltd, Dangote Sugar Refinery...
Cryptocurrency: CBN Welcomes Osinbajos Advice
The Central Bank of Nigeria has acknowledged the counsel of Vice – President, Prof. Yemi Osinbajo in support of the regulation of digital currencies...
