Business CBN sells FX to BDCs at N1,251/$1 as Naira strengthens Toyibat Ajose Mar 26, 2024 As the naira progressively improves against the dollar following months of unanticipated uncertainties, the Central Bank of…
Business Top 10 beneficiaries of CBN’s N138 billion healthcare sector intervention… Toyibat Ajose Mar 25, 2024 Since the establishment of the Central Bank of Nigeria's N10.3 trillion intervention funds, the Nigerian healthcare sector has…
Business CBN clears $7bn forex backlogs Toyibat Ajose Mar 21, 2024 The Central Bank of Nigeria has declared that it has successfully resolved all valid foreign exchange backlogs, thereby reducing a…
Business CBN lifts FX restrictions on importation of milk, dairy products Alagbe Shenayon Mar 20, 2024 The Central Bank of Nigeria (CBN) has removed the limitations on the importation of milk and dairy products. On February 11,…
News DisCos borrow N273.24 billion from CBN to purchase meters, others Toyibat Ajose Mar 18, 2024 The Central Bank of Nigeria approved a loan facility of N273.34 billion for Nigeria's eleven Electricity Distribution Companies…
Business Food Security: CBN donates over 2 million bags of fertiliser worth N100… Toyibat Ajose Mar 14, 2024 The Central Bank of Nigeria (CBN) has made a substantial contribution to the agricultural sector by donating over 2 million bags…
News CBN increases customs FX clearance rate by N18.44 to N1612/$ Toyibat Ajose Mar 13, 2024 The Central Bank of Nigeria (CBN) has increased the FX rate for clearance of goods at different import points by N18.44 from…
Business CBN reports increase in dollar inflow, remittances quadruple Toyibat Ajose Mar 8, 2024 The Central Bank of Nigeria (CBN) has reported a significant increase in foreign exchange inflow into the economy in February…
News Late submission of returns will attract sanctions, CBN tells DFIs, PMBs,… Alagbe Shenayon Mar 8, 2024 The Central Bank of Nigeria (CBN) has cautioned development finance institutions (DFIs), primary mortgage banks (PMBs), and…
News Submit returns or face sanctions, CBN tells mortgage banks, others Alagbe Shenayon Mar 7, 2024 The Central Bank of Nigeria (CBN) has cautioned all primary mortgage banks in the nation about the importance of promptly…