Naira Crash: BDCs to CBN, without us exchange rate policy will not work
BDC operators are advocating for increased participation and involvement in the foreign exchange market to ensure the success of the ...
Tag: CBN
Understanding Nigeria’s soaring inflation and how to tame it
The new dispensation combined with quick policy actions on fuel subsidies and foreign exchange, as well as the arrest of ...
House of Reps urges CBN to halt controversial social media verification directive
CBN to temporarily halt the implementation of the directive instructing banks to gather and verify customers' social media handles.
Naira hit lowest levels on the P2P market in 2023, nears N800/$
It has been a month since CBN allowed the Naira to drop up to 36% on the official market but ...
Do P2P Platforms Contribute to Nigeria’s Growing Exchange Rate Arbitrage?
Nigeria recently transition from a fixed float to a managed float exchange rate system, following the ousting of former CBN ...
Money laundering: CBN alerts banks on transactions from Cameroon, Croatia, Vietnam, others
The Central Bank of Nigeria has asked Deposit Money Banks and Other Financial Institutions in the country to increase monitoring ...
Senate President assures foreign investors of their investment safety, exchange rate stabilisation
The President of the Senate, Godswill Akpabio, assured foreign investors of the safety of their investments in Nigeria, adding that ...
Investments in Nigeria’s telecom industry hit $75.6 billion – NCC
The Nigerian Communications Commission (NCC) has said that investments in the country’s telecom industry comprising foreign direct investment (FDI) and ...
Who is buying and selling forex at intra-day rates of N460 and N840?
Foreign exchange traders at the official investor and exporter window have raised concerns about the persistent trade of forex at ...
Data Protection Commission says CBN directive on bank customer’s social media handle is illegal
The Nigeria Data Protection Commission (NDPC) said the Central Bank of Nigeria (CBN)'s new directive to banks to obtain social ...
