CBN reports upsurge in dollar inflow as remittances hits $1.3b in Feb, foreign investors’ return
WorldStage Newsonline-- The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in ...
Tag: CBN
Investors oversubscribe CBN N1trn OMO Bills
WorldStage Newsonline-- The Central Bank of Nigeria (CBN) has successfully concluded a sale of government securities, issuing N1.053 trillion (US$680 ...
CBN axes 4,173 Bureaux De Changes
WorldStage Newsonline-- The Central Bank of Nigeria (CBN), has announced revocation of operational licences of 4,173 Bureaux De Change (BDCs) ...
Nigeria: Senate confirms 4 nominees as CBN Board of Directors
WorldStage Newsonline-- The Senate has confirmed the appointment of four persons, Mr Robert Agbede, Mr Ado Wanka, Prof. Murtala Sagagi ...
Minister, AGF deny knowledge of CBN/Systemspecs revenue collection agreement
WorldStage Newsonline-- The Attorney-General of the Federation (AGF), Mr Lateef Fagbemi and Minister of Finance, Mr Wale Edun have denied ...
Lagos Chamber reacts to MPR hike, advises authorities to tackle supply-side deficiencies of inflation
WorldStage Newsonline-- The Lagos Chamber of Commerce and Industry (LCCI) has advised monetary and fiscal authorities to focus on factors ...
CBN approves $20,000 for BDCs to meet demands
WorldStage Newsonline-- The Central Bank of Nigeria (CBN) on Tuesday approved allocation of 20,000 dollars to all eligible Bureau De ...
Nigeria: Reps summon CBN Governor over alleged revenue leakages
WorldStage Newsonline-- Nigeria’s House of Representatives Public Account Committee (PAC) has summoned the Central Bank of Nigeria (CBN) Governor, Mr ...
CBN’s MPC raises interest rate by 400 basis points to 22.75 %
*Says Monetary policy reforms will check inflationary tide, check foreign exchange distortions, Naira grossly undervalued WorldStage Newsonline-- The Monetary Policy ...
Nigeria Customs, others to adopt closing FX rate on the date of opening Form M for imported goods
WorldStage Newsonline-- The Central Bank of Nigeria (CBN), has reviewed the formula for fixing foreign exchange rates for Customs duty ...
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