BDCs beg CBN to reduce exchange rate from N360 to N350/$1
Some Bureau De Change (BDC) operators under the aegis of Association of Bureaux De Change Operators of Nigeria (ABCON) have…
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CBN, RIFAN to crash price of rice
The National President, Rice Farmers Association, Alhaji Aminu Goronyo, has assured Nigerians that the market prices of locally…
NCC, CBN to sign MoU to curb electronic banking fraud
The Nigerian Communications Commission, NCC, is set to sign a memorandum of understanding (MoU) on measures to curb electronic…
CBN injects $210m into currency market
The Central Bank of Nigeria said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market,…
Reduce lending rate to farmers, Ogbeh begs CBN
The Minister for Agriculture, Chief Audu Ogbeh has appealed the management of the Central Bank of Nigeria (CBN) to reduce lending…
CBN, NEXIM approve release of N550b loan to non-oil exporters
The Central Bank of Nigeria (CBN) and Nigeria Export-Import Bank (NEXIM Bank) have approved the release of N550 billion loan to…
Abuse naira, go to jail, CBN warns Nigerians
The Central Bank of Nigeria (CBN) on Friday warned Nigerians against abusing the naira notes.
The apex bank said that anyone…
CBN weakens naira to dollar, now exchanges for N307/$1
The Central Bank of Nigeria (CBN) on Monday weakened the naira marginally, selling dollars at 307 for the first time on the…
Senate faults CBN over MTN’s alleged$13.9bn repatriation
The Senate has blamed the Central Bank of Nigeria in its investigation of the alleged illegal repatriation of $13.9bn by the…