Tag: Central Bank of Nigeria (CBN)
Stop waivers for banks, IMF tells CBN
The International Monetary Fund (IMF) has urged the Central Bank of Nigeria (CBN) to phase out the regulatory relaxations granted ...
Use official FX rate for import duty, CBN tells Customs
The CBN emphasized that the FX rate at the importation stage should be applied for assessing import duty until the ...
CBN goes tough on commercial banks hoarding foreign currencies
The NOP measures the difference between a bank's foreign currency assets and liabilities On Wednesday, the Central Bank of Nigeria ...
BREAKING: Court Grants Emefiele N300m Bail
Emefiele was not in court during today’s proceedings, having been remanded at Kuje Prison last week. The court adjourned till ...
‘Left In The Middle Of The Sea’ – Shehu Sani, Others React To Latest Supreme Court Stand On Old Naira Notes
On Wednesday, the Supreme Court failed to issue a definitive ruling on the naira redesign/naira swap policy implemented by the ...
CBN Lists Benefits Of Cashless Policy, Withdrawal Limits
The Central Bank of Nigeria (CBN) has stated that its cashless policy and withdrawal limits will help the country's economy ...
MAN faults CBN’s interest rate hike
The Manufacturers Association of Nigeria (MAN) has disclosed that the hike in the monetary policy rate (MPR) by the Central ...
Chidoka: Buhari’s cabinet doesn’t understand fintechs — only how to borrow from CBN
Former Minister of Aviation, Osita Chidoka has stated that the cabinet members in the Buhari administration do not understand how ...
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