CBN sells dollars to BDCs @N1,251/$1 as naira regains strength
The Central Bank of Nigeria has issued a circular to BDCs informing them that they sold $10,000 t0 each BDC ...
Tag: CBN
Top 10 banks with highest prime lending rates for manufacturing firms in Nigeria
The Central Bank of Nigeria (CBN) increased the monetary policy rate (MPR) by 400 basis points, elevating it to a historic high ...
Customs FX rate for cargo clearance drops by N124 to N1,448/$
The exchange rate charged by the Nigerian Customs Service (NCS) for cargo clearance and import duties collection has dropped significantly ...
Over subscription of FGN securities having a positive effect on exchange rate – ABCON
The Association of Bureau De Change Operators of Nigeria (ABCON) has stated that the oversubscription of recent FGN securities is ...
Top 10 states that borrowed from the CBN to pay salaries in Nigeria
Not less than 31 state governments in Nigeria borrowed N457.17 billion to pay salaries to their respective state civil service ...
Top 10 beneficiaries of CBN’s N138 billion healthcare sector intervention facility
The top 10 beneficiaries of the Healthcare Sector Intervention Facility (HSIF) according to the CBN report.
Staple food prices increased by over 10% across Nigeria in February- NBS
Major staple food prices across Nigeria increased by double figures month-on-month according to the NBS latest food price watch.
Exchange rate post best gain in 6 weeks, CBN policies paying off
The official exchange rate between the Naira and the Dollar strengthened to N1,431/$ on Friday, March 22, 2024, posting the ...
Stamp duty: Court refuses to restrain CBN from disbursing ‘trillions’ deposited by commercial banks
The Federal High Court has declined to stop the CBN from disbursing monies in the CBN NIPOST stamp duty collection ...
Bullish naira ignores the strong dollar
For the second week in a row, the dollar index has increased, rising 0.8 percent to 104.095 index points.
