CBN
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Business
Business Facilitation Act: Cardoso approves CBN’s reviewed service charter
Central Bank of Nigeria (CBN) governor, Mr Yemi Cardoso, has approved the reviewed “Service Charter’’ of the apex bank. The…
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Business
CBN will direct banks to raise capital base – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has said that the apex bank will be…
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Business
CBN says no plans to redenominate naira
The Central Bank of Nigeria (CBN) says it has no plans to redenominate Nigeria’s legal tender, the Naira. CBN’s Director,…
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Business
CBN lifts ban on 43 items | See full list
The Central Bank of Nigeria (CBN) has lifted the foreign exchange restrictions it placed on importers of 43 items. CBN’s…
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News
CBN removes forex ban on 43 items
The Central Bank of Nigeria (CBN) has lifted the foreign exchange restriction on importation of 43 items assuring of its…
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Business
CBN moves to check deteriorating value of naira
The Central Bank of Nigeria (CBN) is planning new measures to check the deteriorating value of naira in the foreign…
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News
CBN orders payment of dollar receipts in naira
The Central Bank of Nigeria (CBN) has issued a directive to International Money Transfer Operators (IMTOs) to pay dollars received…
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Business
Naira devaluation: Vehicle duties pushed up by 40%
The Central Bank of Nigeria and the Nigeria Customs Service have taken the ongoing foreign exchange reforms to the maritime…
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Business
Naira weakens to 770.38/$ at official market
The naira slumped further to the dollar after closing at 770.38/$ at the end of trading on the investor &…
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Business
CBN floats naira at investors’ forex window
The Central Bank of Nigeria has reportedly directed Deposit Money Banks to remove the rate cap on the naira at…