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…
Business CBN sells another N1.3 trillion in treasury bills at 21.5% Toyibat Ajose Mar 7, 2024 The Central Bank of Nigeria (CBN) has completed another round of Treasury Bills (T-Bills) auction, offloading about N1.3 trillion.
Business $26bn Illicit Flows: Binance traders are traceable, Crytpo expert tells CBN Toyibat Ajose Mar 5, 2024 A trained crytpo investigator Obinna Iwuno claims traders on cryptocurrency trading website Binance are not anonymous as they can…
News CBN concludes sale of N1trn goverment securities, says investors… Alagbe Shenayon Mar 4, 2024 The Central Bank of Nigeria (CBN) has announced the completion of a sale of government securities, with N1.053 Trillion (US$680…
Business Why 4,173 Bureau De Change operators’ licences were revoked – CBN Toyibat Ajose Mar 2, 2024 On Friday, the Central Bank of Nigeria cancelled the licences of 4,173 Bureau De Change operators for failing to comply with…