Naira gains as CBN pays banks $6.7bn forex backlog
The Federal Government through the Central Bank of Nigeria, has commenced payment of outstanding matured FX forwards owed to various ...
Wednesday, January 8, 2025
Tag: CBN
Real estate firms borrow N2.26tn in eight months, says CBN
Real estate and construction firms in the country were able to secure loans totalling N2.26tn in eight months, findings by ...
BDCs Seek CBN Approval for Online Dollar Transactions and Diaspora Remittances Amid Forex Crisis
The Association of Bureau De Change Operators of Nigeria (ABCON) has made an emotional plea to the Central Bank of ...
Debt restructuring: FG’s borrowing from CBN falls to N4.36tn
The Federal Government’s debt to the Central Bank of Nigeria through the Ways and Means Advances fell to N4.36tn after ...
FG, CBN to fund four million meters
The Federal Government in collaboration with the Central Bank of Nigeria, has said it would finance production of four million ...
CBN directs banks to pay diaspora remittances to beneficiaries in naira
The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira ...
CBN advises risk management practitioners on emerging risks
The Director, Risk Management, Central Bank of Nigeria, Dr Blaise Ijebor, has urged risk managers practitioners to keep up with ...
Money laundering: CBN places Cameroon, Vietnam, Croatia on watchlist
The Central Bank of Nigeria has asked Deposit Money Banks and Other Financial Institutions in the country to increase monitoring ...
Banks’ borrowing from CBN intensifies, rises 140% to N10.35trn
There are indications that banks in Nigeria are increasingly relying on the Central Bank of Nigeria, CBN, for liquidity as ...
BREAKING: CBN raises interest rate to 18.5%
The Monetary Policy Committee of the Central Bank of Nigeria, on Wednesday, unanimously voted to increase its monetary policy interest ...
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