Tag: Central Bank of Nigeria
Forex Sales To BDCs By CBN Resume September 7
The Central Bank of Nigeria has said it will resume the sale of foreign exchange to the Bureau De Change segment of the foreign...
Forex Abuse: CBN Moves To Clamp Down On Erring Dealers
The Central Bank of Nigeria has said it is eliminating foreign exchange abuse and other practices by dealers which affect goods purchased by the...
Accessing N100b Loans: Medical Firms Given Conditions By CBN
To access the N100bn loans provided by the Central Bank of Nigeria for firms in the healthcare sector, a corporate entity must submit its...
Nigeria’s Reserves Dip To $39.2b, Puts Pressure On Naira
It has been revealed that the decline in Nigeria’s foreign exchange reserves which dipped to $39.2 billion is threatening the naira.
For two years the...
Cashless Policy: Reps Order CBN To Suspend Action
The Central Bank of Nigeria (CBN) has been ordered by the House of Representatives to suspend the recently re-introduced cashless policy.
It was reported that...
Inter-Bank Forex Market: CBN Injects Fresh Rounds Of Funds
The Central Bank of Nigeria, in another round of intervention, Friday, injected over $337m into the Inter-Bank Foreign Exchange (Forex) market.
The CBN also intervened...
Forex Market Boosted By CBN With $210m
About 210 million dollars has been injected by the Central Bank of Nigeria into the inter-bank foreign exchange market to ensure adequate supply of...
Oyo 2019: I Have Genuine Desire To Serve My People –...
One of the foremost gubernatorial aspirants in the All Progressives Congress (APC) in Oyo State, Chief Adebayo Adelabu has said that he decided to...
Chinese Currency: CBN Woos Importers
Importers of goods from China are presently being wooed by the Central Bank of Nigeria (CBN) to use the Yuan instead of the dollar....
Photo: Day CBN’s Adebayo Adelabu Celebrated Yemi Sonde
Ace broadcaster, Yemi Sonde was recently hosted by his friend, the Deputy Governor of the Central Bank of Nigeria, Chief Adebayo Adelabu as he...
