Tag: CBN

CBN Directs Customs to Use FX Closing Rate On Date of ‘Form M’ for Import Duty Assessment

In a bid to address the challenges posed by the volatility in…

Muhammad A. Aliyu

Senate Confirms 12 Members for CBN Monetary Policy Committee

The Senate has officially confirmed 12 individuals to serve as members of…

Muhammad A. Aliyu

ONSA, CBN Collaborate to Tackle Forex Speculators

The Office of the National Security Adviser (ONSA) and the Central Bank…

Muhammad A. Aliyu

Forex: CBN Directs Banks to Disburse PTA/BTA via Electronic Channels Only

The Central Bank of Nigeria (CBN) has taken decisive steps to address…

Muhammad A. Aliyu

CBN Removes ±2.5% Cap Spread on Interbank Forex Transactions: What You Should Know

The Central Bank of Nigeria (CBN) has announced a new policy that…

Okay.ng

CBN Records Historic N1 Trillion Treasury Bills Sale

The Central Bank of Nigeria (CBN) achieved a landmark sale of N1…

Muhammad A. Aliyu

CBN Abolishes Cap on Interbank Forex Transactions

The Central Bank of Nigeria (CBN) has issued a circular dated February…

Muhammad A. Aliyu

CBN Directive: IMTOs Disable Dollar Transfers, Nigerians to Receive Naira Equivalent

International Money Transfer Operators (IMTOs) have started enforcing the Central Bank of…

Muhammad A. Aliyu