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CBN
The CBN has raised concerns over First Bank's failure to comply with regulatory directives on divesting its interest in Honeywell Flour Mills.
At the end of the auction, one-year treasury bills sold for 9.75% per annum.
Naira depreciated on Tuesday, at the Nigerian Autonomous Foreign Exchange (NAFEX) window, as the rate closed at N411.67 to a dollar.
The apex bank has added 10 to the existing 47 IMTOs in Nigeria.
The naira remained stable at the parallel market to close at N485/$1 on Monday.
Rehabilitation of the National Arts Theatre, Iganmu, a $50 million investment financed by the Bankers Committee in a public-private partnership (PPP) with the Federal Government, has taken off.
The exchange rate between Naira and Dollar closed at N410/$1 at the NAFEX window as bitcoin plunged below $50k.
The Nigerian technology ecosystem is at its nascent stage, and beyond money, there is the need to ensure an enabling environment for operators.
The CBN has given assurances to exporters that they will continue to have unfettered access to their export proceeds.
The turnaround time could help to reduce delivery time for goods destined for exports and enable businesses to expand their output.
The CBN cautioned forex dealers to desist from defacing or stamping dollar banknotes as such notes always failed authentication tests during sorting.
The association also noted that the apex bank needs to address other issues driving the patronage of cryptocurrency exchanges for remittance transfers.