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Money

CBN Warns Public Against Fraudulent Contract, Project Funding Claims

The Central Bank of Nigeria (CBN) wishes to alert members of the public to the activities of fraudsters purporting to be in receipt...

Money

CBN Approves Sale Of $20,000 To Each BDC At ₦1,590/$

BY NKECHI NAECHE– ESEZOBOR- Central Bank of Nigeria (CBN), yesterday announced the sale of $20,000 to each of the eligible Bureau De Change...

Industry

Dangote Petrol Will Ease Transport Costs, Food Prices – CBN

The Central Bank of Nigeria (CBN) says the lifting of petroleum products from Lagos-based Dangote Refinery will moderate the cost of transportation and...

News

CBN Issues Clarification On Monetary Policy Guidelines: Refutes Reintroduction Of Cybersecurity Levy

The attention of the Central Bank of Nigeria (CBN) has been drawn to certain instances of misinterpretation or misrepresentation of its biennial publication on...

Money

CBN Releases Household Expectations Survey Report For July 2024

August 30, 2024/CBN Executive Summary The July 2024 Household Expectations Survey comprising the Consumer Expectations Survey (CES) and Inflation Attitude Survey (IAS) was...

Technology

CBN, FintechNGR Chart Way Forward to Enhance Nigeria’s Fintech Ecosystem

In light of recent developments aimed at strengthening Nigeria’s fintech sector, Ade Bajomo, President of FintechNGR, led a team from the Association’s Governing...

Money

Breaking: CBN Revokes Operational Licenses Of 4,173 BDCs Operators For Non Compliance

The Central Bank of Nigeria (CBN), on Friday revoked the operational licenses of 4,173 Bureaux De Change Operators. This is contained in a...

Forex restrictions by CBN
Money

CBN Says Customs To Use FX Closing Rate On Date Of Form M for Import Duty Assessment

Following the liberalization of the FX market on Willing Buyer — Willing Seller trading principle, the Central Bank of Nigeria has noted the...

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