FX backlog: CBN makes tranche payments to 31 banks
CBN said it has made tranche payments to 31 banks to clear the backlog of foreign exchange forward obligations.
Tag: CBN
CBN proposes new round of recapitalization for banks to service targeted $1 trillion GDP
CBN has announced its intention to carry out a fresh round of banking recapitalization for the DMBs.
NGX pushes for listed companies to receive priority in government procurement, FX access
NGX has advocated that FG and CBN should accord priority to listed corporates in their procurement processes and access to ...
Nigerian household spending gulps N61.07 trillion in H1 2023 amid rising inflation – NBS
The National Bureau of Statistics has said that Nigerians spent N61.07 trillion on household consumption in the first six months ...
Soludo insists Tinubu’s administration inherited dead economy, accuses CBN of illegality
The Governor of Anambra State, Professor Charles Soludo, has once again reiterated that President Bola Tinubu’s administration inherited a dead ...
NITDA mulls collaboration with CBN to drive regulation on emerging tech, digital payment
In a move to ensure Nigeria Payments System gets more global recognition and is domestically utilised across the country, the ...
Experts expect unchanged MPR as MPC postpones meeting
As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) reneges on its quarterly meeting date, economists ...
Bloc MFB receives an approval-in-principle from the CBN
Bloc Microfinance Bank has been granted an Approval-in-Principle by the Central Bank of Nigeria.
Naira strengthens against dollar appreciates to N750.14/$1 at the official market
The Nigerian naira further appreciated against the dollar on Monday, 20th November 2023, closing at N750.14/$1 at the official market.
Nigeria’s central bank postpones the MPC meeting again as the economy hangs on a thread
CBN has postponed a meeting of its MPC again as investors and analysts look forward to the move by the ...
