Tag: CBN

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Higher FX inflows coming as CBN drives export products competitiveness in global markets

Higher FX inflows coming as CBN drives export products competitiveness in global markets

The Central Bank of Nigeria (CBN) is taking strategic measures to support Nigerian businesses in enha [...]
Naira’s Slide Spurs New CBN Action Against Forex Speculators

Naira’s Slide Spurs New CBN Action Against Forex Speculators

According to the governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, the apex bank is steadfast in its resolve to uphold orde [...]
Forex Trading: CBN to suspend license of erring BDCs, banks – Vanguard

Forex Trading: CBN to suspend license of erring BDCs, banks – Vanguard

Forex Trading: CBN to suspend license of erring BDCs, banks  Vanguard www.vanguardngr.com [...]
Manufacturers tasks CBN on unsettled forex forward – Vanguard

Manufacturers tasks CBN on unsettled forex forward – Vanguard

Manufacturers tasks CBN on unsettled forex forward  Vanguard www.vanguardngr.com [...]
CBN injects $106.5m into forex market amid demand surge

CBN injects $106.5m into forex market amid demand surge

…Summer holiday drives demand surge as CBN injects $106.5m The Central Bank of Nigeria (CBN) on Friday said it sold the sum of USS106.5 million to a [...]
CBN injects $106.5m into forex market amid demand surge

CBN injects $106.5m into forex market amid demand surge

…Summer holiday drives demand surge as CBN injects $106.5m The Central Bank of Nigeria (CBN) [...]
CBN Mandates Sellers To Declare Sources Of Forex Above $10,000

CBN Mandates Sellers To Declare Sources Of Forex Above $10,000

February 24, (THEWILL) – The Central Bank of Nigeria (CBN) has mandated foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 [...]
CBN clamps down on banks, pegs trade, assets in forex – Vanguard

CBN clamps down on banks, pegs trade, assets in forex – Vanguard

CBN clamps down on banks, pegs trade, assets in forex  Vanguard www.vanguardngr.com [...]
CBN clears airlines’ forex backlog with additional $64.44m payment – Vanguard

CBN clears airlines’ forex backlog with additional $64.44m payment – Vanguard

CBN clears airlines’ forex backlog with additional $64.44m payment  Vanguard www.vanguardngr.com [...]
CBN clears more verified forex liabilities backlog, releases $500m – Vanguard

CBN clears more verified forex liabilities backlog, releases $500m – Vanguard

CBN clears more verified forex liabilities backlog, releases $500m  Vanguard www.vanguardngr.com [...]
Forex Backlog: CBN Disburses $61m To Foreign Airlines

Forex Backlog: CBN Disburses $61m To Foreign Airlines

  CBN Governor, Yemi Cardoso   By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), has disbursed 61.64 million dollars to foreign airlines thro [...]
Forex restrictions on 43 items resulted in $1.4 billion revenue drop — Cardoso

Forex restrictions on 43 items resulted in $1.4 billion revenue drop — Cardoso

Nigeria’s central bank governor, Olayemi Cardoso, on Friday, said the country recorded a revenue drop of $1.4 billion between 2015 and 2019 a [...]
Naira Depreciation: CBN will introduce new FX laws, guidelines … – Vanguard

Naira Depreciation: CBN will introduce new FX laws, guidelines … – Vanguard

Naira Depreciation: CBN will introduce new FX laws, guidelines ...  Vanguard www.vanguardngr.com [...]
Naira Depreciation: CBN will introduce new FX laws, guidelines — Cardoso – Vanguard

Naira Depreciation: CBN will introduce new FX laws, guidelines — Cardoso – Vanguard

Naira Depreciation: CBN will introduce new FX laws, guidelines — Cardoso  Vanguard www.vanguardngr.com [...]
CBN sets up FX framework, clears backlog with 31 banks

CBN sets up FX framework, clears backlog with 31 banks

The Central Bank of Nigeria (CBN) said it has set up foreign exchange frameworks to address t [...]
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