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CBN
The Central Bank of Nigeria (CBN) has released a new circular addressing suspected cases of excessive foreign currency speculation from Nigerian banks.
The Central Bank of Nigeria (CBN) has said that it has fulfilled its promise by clearing $64.44 million backlog of foreign exchange owed to airlines.
CBN has warned authorized dealers to ensure that transactions in the forex market are conducted transparently and any form of price distortion leading to market manipulation will face sanctions
Nigeria’s broad money supply increased to N78.74 trillion as of December 2023, the highest ever recorded in the...
Vice President Kashim Shettima on Monday officially launched a N15 billion Centre of Excellence complex funded by the Central Bank of Nigeria (CBN) at Bayero University Kano (BUK).
The Central Bank of Nigeria (CBN) has said that it has released 500 million dollars to various sectors in its determination to address the backlog of verified foreign exchange transactions.
The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, has ceased payments to its Monetary Policy Committee (MPC) members without prior notice.
Senator Ali Ndume has issued a warning to President Bola Tinubu over the plan to relocate some departments of CBN as well as the cooperate headquarters of FAAN to Lagos, adding that there will be “political consequences.”
The Central Bank of Nigeria (CBN) will hold its first Monetary Policy Committee (MPC) meeting on February 26th and 27th.
The National Identity Management Commission (NIMC) has announced the temporary suspension of Front-End Partners (FEPs) from participating in National Identification Number (NIN) enrolments.
Credit ratings agency Fitch stated on Thursday that the CBN continues to face a shortage of foreign exchange to clear the forex backlog.
The Federal Government is facing challenges redeeming promissory notes and other debt obligations maturing as the Central Bank of Nigeria (CBN) declines overdraft requests.