Tag: CBN

The National Assembly is advancing a significant proposal aimed at fortifying the Central Bank of Nigeria (CBN), potentially elevating its ...

Dollar Crashes Against Naira on Binance Trading at N1,415/$ Amid CBN Directives to BDCs

The US dollar has experienced a significant decline against the Nigerian naira on the cryptocurrency exchange platform Binance, sparking considerable ...

CBN Supplies $29.5 Million at FX Auction as Naira Depreciates at I&E Window.

CBN Sells Dollars to BDCs at N1300/$1 As Naira Gains Ground in Parallel Market

In recent developments in Nigeria's foreign exchange market, the Central Bank of Nigeria (CBN) has taken significant steps to address ...

CBN to convert unclaimed money in dormant accounts for up to 10 years into Treasury Bills.

BDC Should Not to Be An All Comers affairs-CBN

In a pivotal Monetary Policy Committee (MPC) press conference, Central Bank of Nigeria (CBN) Governor Cardoso delivered a resolute message ...

$26 Billion for unidentified source passed through Binance-Cardoso

by Bolarinwa Mathew

In a recent Monetary Policy Committee (MPC) press conference, Central Bank of Nigeria (CBN) Governor, Yemi S, emphasized the need ...

Just In: CBN Push Additional $400 Million to Clear FX Backlog to Stabilize Exchange Rate

In a groundbreaking move aimed at addressing Nigeria's foreign exchange backlog, the Central Bank of Nigeria (CBN) has announced the ...

Breaking: CBN Raises MPR to 227.75% up 400 basis points Amid Economic Uncertainty

The Central Bank of Nigeria (CBN) has announced a substantial increase in the Monetary Policy Rate (MPR) by 400 basis ...

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Debunks Claims of Weekly FX Sales to Bureau De Change Operators

The Central Bank of Nigeria (CBN) has issued a statement refuting recent rumors circulating regarding the resumption of weekly sales ...

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

CBN Injects Over $300 Million into Banks as Naira Sees Uptick