Tag: Forex

CBN Releases $500 Million to Settle Backlog of Verified Forex Transactions

The Central Bank of Nigeria (CBN) has announced the release of $500…

Muhammad A. Aliyu

CBN Lifts Forex Ban on 43 Items, Promises Market Intervention

The Central Bank of Nigeria (CBN) has revealed plans to enhance liquidity…

Muhammad A. Aliyu

CBN Announces Unification of Forex Segments into I&E Window

The Central Bank of Nigeria (CBN) has made significant changes to the…

Muhammad A. Aliyu

Forex: CBN denies report of plan to convert currency in domiciliary accounts to naira

The Central Bank of Nigeria (CBN) has denied a report on social…

Farouk Mohammed

Forex policy: Publish names, BVN of defaulters – CBN directs banks

The Central Bank of Nigeria (CBN) has directed all commercial banks to…

Farouk Mohammed

CBN orders banks to set up teller points to fulfil legitimate forex demands

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

Farouk Mohammed

Forex: CBN increases allocation to banks

The Central Bank of Nigeria (CBN) on Sunday announced the increase of…

Muhammad A. Aliyu

CBN Injects $364m Into Forex Market

The Central Bank of Nigeria (CBN) has intervened in the inter-bank market…

Farouk Mohammed