Tag: CBN

CBN Raises Monetary Policy Rate to 24.75%

The Central Bank of Nigeria (CBN) has announced a significant increase in…

Muhammad A. Aliyu

CBN Provides BDCs with $10,000 at N1,251 per Dollar

The Central Bank of Nigeria (CBN) has issued a circular informing Bureau…

Muhammad A. Aliyu

Imo, Kogi, Kano Top List as States Borrow ₦457bn from CBN to Pay Salaries

In a bid to meet their salary obligations to civil servants, not…

Okay.ng

CBN Clears $7 Billion Foreign Exchange Backlog

The Central Bank of Nigeria (CBN) has announced the successful settlement of…

Muhammad A. Aliyu

CBN Eases Access to Forex for Milk and Dairy Imports

The Central Bank of Nigeria (CBN) has announced the lifting of restrictions…

Muhammad A. Aliyu

CBN Warns Banks Against Using FX Gains for Dividends, Expenses

The Central Bank of Nigeria (CBN) has reaffirmed its directive regarding the…

Muhammad A. Aliyu

CBN Directs Banks to Implement New Circulars and Guidelines

The Central Bank of Nigeria (CBN) has instructed Deposit Money Banks (DMBs),…

Muhammad A. Aliyu

Tinubu Seeks Senate Confirmation for Ruby Onwudiwe as CBN Board Member

President Bola Tinubu has submitted a letter to the Senate, urging the…

Muhammad A. Aliyu