CBN’s RT200 FX Programme will require additional policies and funding to succeed – LCCI
The LCCI has stated that the CBN’s new RT200 FX scheme to get $200 billion in FX repatriation would need ...
Tag: Central Bank of Nigeria
News and analysis about Central Bank of Nigeria
CBN stops FX rebate for raw produce exporters
The CBN has announced that raw produce exporters will no longer be eligible for foreign exchange (forex) rebates.
CBN’s current FX regime, an obstacle to its $200 billion in FX repatriation – CPPE
The CPPE has stated that the CBN's current forex regime would be an obstacle to its goal of $200 billion ...
Experts paint grim picture of what could happen if CBN stops sale of forex to banks
Experts explore the possibility of what could happen if the CBN stopped the sale of dollars to banks.
We are not stopping sale of FX to banks – CBN official
A senior executive at the CBN has stated that the apex bank has no immediate plans to ban sale of ...
CBN pushes single-digit interest rates on intervention facilities to 2023
The CBN has announced that interest rates on its various intervention facilities had been extended till March 1, 2023.
CBN explains how diaspora remittances increased from $6 million to $100 million weekly
The CBN has said that its FX policies especially the Naira4Dollar scheme has led to significant improvement in diaspora remittances.
Rep probes CBN over unregistered BVN accounts
Reps probe CBN over the 45 million accounts that are reported to be holding funds worth over N1.2 billion, which are unlinked ...
100 for 100 Policy: How to apply for CBN’s loan
Nigerian entrepreneurs wishing to get funding for their existing businesses or start-ups can apply for CBN's loan.
Nigeria’s external reserve falls below $40 billion, hits 3-month low
Data from the CBN has shown that Nigeria’s external reserve has fallen below $40 billion.
