CBN Pumped $5.62bn Into Forex Market In 2020 Q4 To Stabilise Naira
The Central Bank of Nigeria injected $5.62bn into the foreign exchange market in the fourth quarter of 2020 as part ...
Tag: CBN
Nigerians To Start Paying N7 Per USSD ‘Mobile Banking’ Transaction
The Central Bank of Nigeria and the Nigerian Communications Commission have imposed a new fee for mobile banking services in ...
Banks Entice Customers As CBN’s ‘Naira For Dollar’ Policy Begins
... Apex bank affirms policy is aimed at reducing cost Deposit Money Banks, yesterday, started enticing customers ahead of the ...
Osinbajo Urges CBN To Reverse Ban On Cryptocurrency, Suggests Regulation
Nigeria’s Vice President Yemi Osinbajo, on Friday, urged the Central Bank to reconsider its ban on cryptocurrencies, adding that the ...
CBN Insists Cryptocurrency Ban Beneficial To Nigerians
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the apex bank’s directive to financial institutions on cryptocurrency ...
CBN Asks Banks to Open Dollar Accounts for Foreign Remittances
... To Place $2000 Withdrawal Limit The Central Bank of Nigeria (CBN) has directed commercial banks in the country to ...
CBN Explains Why It Banned Cryptocurrency Transactions In Banks
The Central Bank of Nigeria has explained why it banned cryptocurrency-related transactions in the country, claiming the digital currency is used for ...
CBN Halts Cryptocurrency Exchanges in Nigerian Banks
The Central Bank of Nigeria has ordered banks and other financial institutions to close the accounts of cryptocurrency exchanges, information ...
CBN Approves N412/$1 For February NDF Settlement
The Central Bank of Nigeria has increased its annual Non-Deliverable Forwards (NDF) to N452.82. The NDF which is expected to ...
Two Million Farmers Benefited From CBN’s N554.6bn Intervention in 5 Years
The Central Bank of Nigeria (CBN) said it has disbursed N554.61 billion to 2,849,490 farmers within the past five years ...
