Tag
CBN
The Central Bank of Nigeria has indicated that the 2.15 million bags of fertilizers donated to the Ministry of Agriculture and Food Security were from the stockpile of a program initiated by the previous administration, not a new intervention effort.
Registration for the Bank Verification Number (BVN) increased to 61.16 million as of March 15, 2024.
The Central Bank of Nigeria (CBN) has reiterated its position on how banks utilize their FX revaluation gains referencing a previous circular dated September 11, 2023.
President Tinubu submitted a request to the Nigerian Senate confirming of Dr. Ruby Onwudiwe as a member of the CBN board of directors.
The Central Bank of Nigeria (CBN) has sold N161.5 billion worth of Nigerian Treasury Bills (NTBs) across various maturities at its auction on March 13, 2024.
The Central Bank of Nigeria (CBN) has made a substantial contribution to the agricultural sector by donating over 2 million bags of fertilizers, with a total value of N100 billion, through the Federal Ministry of Agriculture and Food Security to farmers.
The Central Bank of Nigeria (CBN) has increased the FX rate for clearance of goods at different import points by N18.44 from N1593.84/$ to N1612.28/$.
Nigeria is pushing Binance, a cryptocurrency exchange for information on its top 100 users in the country, as well as all transaction history for the past six months.
On the 22nd of May 2023, the Central Bank of Nigeria (CBN) implemented comprehensive reforms in the neo-banking sector.
The British pound sterling is outperforming most of the world's currencies this year, including the naira, despite a hawkish CBN.
In the official market, the naira exhibited a marginal strengthening against the US dollar, concluding at N1,617.96/$1.
The Central Bank of Nigeria (CBN) faces a significant liquidity crisis in supporting the naira, as nearly $20 billion of its $33 billion in foreign reserves is tied up in various derivative deals.