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CENTRAL BANK OF NIGERIA CBN
The Nigerian Customs Service (NCS) announced that the exchange rate for customs duty has been increased from the official benchmark of N306/US$ to N326/US$.
About five years after the introduction of the Bank Verification Number (BVN) by the Central Bank of Nigeria (CBN) in 2014, some 34.728 million bank accounts across Nigeria are yet to be linked to BVNs. @cenbank @nibss_ng
CBN has promised to offer loans to National Youth Service Corps (NYSC) members for a 7-year tenor, for the startup of small and medium scale businesses in an effort to curb unemployment rate in the economy. @cenbank @nysc_ng
Recent figures obtained from the Central Bank of Nigeria (CBN) have shown that the apex bank disbursed the sum of N607.87 billion credit to some Deposit Money Banks to fund some 587 agricultural projects.
The Central Bank of Nigeria (CBN), has unveiled the Export Facilitation Initiatives (EFI) targeted at boosting commodity exports in the non-oil sector of the Nigerian economy.
The average Nigerian worker's dream of owning a house they can call their own brightened on Thursday at the banker's committee meeting held in Abuja.
Latest development suggests the Central Bank of Nigeria (CBN) may finally allow the Nigerian naira to be floated and freely determined by market forces from the currently pegged N305/1$.
Data released by the Central Bank of Nigeria (CBN) on Monday has revealed that the country's external reserves increased by $155,627,865.63 to hit $45.2 billion in June 2019.
FSDH Merchant Bank Limited has projected a minor increase in Nigeria's inflation rate to 11.39 percent in May 2019, up from the 11.37 percent that was recorded in April.
The World Bank in its latest report has downgraded Nigeria's growth prediction for 2019 to 2.1% as against the earlier growth forecast of 2.2%. The disclosure was made in the June 2019 edition of the World Bank's Global Economic Flagship Report.
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has rebuffed the circulating rumours that the apex bank has multiple foreign exchange (Forex) rates.
ABCON has enjoined over 4,500 Bureaux de Change (BDCs) licensed CBN, to shun Yahoo and Gmail for communication and set up official emails.