Nigeria’s External Reserve Dipped $633m in November Amid CBN FX Intervention
Nigeria’s foreign reserve dipped $633.47 million in the month of November 2021 to close the month at $41.19 billion as ...
Tag: Central Bank of NIgeria
CBN Says E-naira Is Safe From Hackers
The Central Bank of Nigeria (CBN) has promised Nigerians that appropriate processes have been put in place to protect the ...
CBN Upgrades Trade Monitoring System
The Central Bank of Nigeria has replaced the Non-commercial Exports form (NCX) with an electronic version dubbed ‘the e-Form ‘NCX’. ...
World Bank Frowns at Nigeria’s Foreign Exchange Policies
The World Bank has stated that the Central Bank of Nigeria’s exchange rate management policies continue to discourage investment and ...
CBN Urges Nigerians To Invest in Non-oil Sector
The Central Bank of Nigeria has called for increased investment in the non-oil sectors as a source of foreign exchange ...
CBN Embargoes Nigerians on Watchlist From Using Banks
The Central Bank of Nigeria (CBN) has stated that individuals under its watchlist may be barred from entering a new ...
CBN Says Nigeria’s Trade Deficit Declined By N2.06bn in July
Nigeria’s trade deficit declined to $340m in July from $2.4bn in June, figures obtained from the Central Bank of Nigeria ...
CBN Approves Airtel’s Super-agent Licence
Airtel Africa has announced that its subsidiary, Airtel Mobile Commerce Nigeria Limited, has been granted approval in principle by the ...
CBN Urges Nigerians To Adopt eNaira
The Central Bank of Nigeria (CBN) yesterday called on Nigerians to embrace enaira, the nation’s digital currency. The Director Corporate ...
CBN Denies Removing Exchange Rate From Its Website
The Central Bank of Nigeria (CBN) has refuted media reports that it took the foreign exchange rate off its website. ...
