Tag: CBN

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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 [...]
Corporate treasurers applaud CBN on settlement of matured FX forwards – Vanguard

Corporate treasurers applaud CBN on settlement of matured FX forwards – Vanguard

Corporate treasurers applaud CBN on settlement of matured FX forwards  Vanguard www.vanguardngr.com [...]
CBN begins clearing forex forwards backlog – Vanguard

CBN begins clearing forex forwards backlog – Vanguard

CBN begins clearing forex forwards backlog  Vanguard www.vanguardngr.com [...]
Corporate treasurers applaud CBN on settlement of matured FX … – Vanguard

Corporate treasurers applaud CBN on settlement of matured FX … – Vanguard

Corporate treasurers applaud CBN on settlement of matured FX ...  Vanguard www.vanguardngr.com [...]
CBN’s unsettled FX forward contracts threaten investor confidence

CBN’s unsettled FX forward contracts threaten investor confidence

The unsettled Foreign Exchange (FX) forward contracts by the Central Bank of Nigeria (CBN) ha [...]
World Bank warns CBN against direct lending intervention, FX control

World Bank warns CBN against direct lending intervention, FX control

The World Bank on Wednesday advised the Central Banks of Nigeria, Ethiopia, and Uganda to avoid unorthodox interventions [...]
FX inflow through autonomous market up by 91.21% on CBN policy

FX inflow through autonomous market up by 91.21% on CBN policy

Net foreign exchange (FX) inflow through the autonomous market increased significantly by 91.21 percent in five months dr [...]
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