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Tag "Central Bank of Nigeria (CBN)"

‘We won’t make life difficult for Nigerians’ — CBN keeps MPR at 11.5%

    ‘We won’t make life difficult for Nigerians’ — CBN keeps MPR at 11.5%

The monetary policy committee of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate at 11.5 percent. Godwin Emefiele, the CBN governor, announced the committee’s

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FULL LIST: Money transfer operators authorised by CBN to facilitate remittances

    FULL LIST: Money transfer operators authorised by CBN to facilitate remittances

The Central Bank of Nigeria (CBN) has released a list of approved international money transfer operators (IMTOs). IMTOs accept cash for the purpose of transmitting to persons resident in Nigeria

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CBN sells $5.6bn FX to dealers — 28.7% higher than Q3 intervention

    CBN sells $5.6bn FX to dealers — 28.7% higher than Q3 intervention

The Central Bank of Nigeria (CBN) says it intervened in the foreign exchange (FX) market with sales valued at $5.62 billion in the fourth quarter (Q4) of 2020. This is

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Agbakoba wants CBN to lead talks on enactment of trade law

    Agbakoba wants CBN to lead talks on enactment of trade law

Olisa Agbakoba, a senior advocate of Nigeria (SAN), has urged the Central Bank of Nigeria (CBN) to lead a policy discussion on the enactment of a trade remedies legislation. Agbakoba,

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KPMG appointed transaction adviser for Nigeria’s N1trn infrastructure company

  KPMG appointed transaction adviser for Nigeria’s N1trn infrastructure company

The Central Bank of Nigeria (CBN) has hired KPMG, an accounting firm, as the transaction adviser for the newly-created Infrastructure

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CBN reduces charges on USSD transactions to N6.98

  CBN reduces charges on USSD transactions to N6.98

Mobile Network Operators (MNOs) and Deposit Money Banks (DMBs) have agreed to reduce the charge on customers using unstructured supplementary

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CBN extends application deadline for asset managers in infrastructure company

  CBN extends application deadline for asset managers in infrastructure company

The Central Bank of Nigeria (CBN), Africa Finance Corporation (AFC), and Nigeria Sovereign Investment Authority (NSIA) have extended the deadline

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APPLY: CBN reopens N50bn COVID loan portal for households, businesses

  APPLY: CBN reopens N50bn COVID loan portal for households, businesses

The Central Bank of Nigeria (CBN)  is receiving applications for its N50 billion targeted credit facility (TCF) aimed at supporting

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Emefiele: N5 for $1 policy will make remittances cheaper for Nigerians abroad

  Emefiele: N5 for $1 policy will make remittances cheaper for Nigerians abroad

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the new diaspora policy — “Naira 4 Dollar Scheme”

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In major FX inflow drive, CBN to pay N5 bonus for every $1 of diaspora remittances

  In major FX inflow drive, CBN to pay N5 bonus for every $1 of diaspora remittances

The Central Bank of Nigeria (CBN) has introduced a “Naira 4 Dollar Scheme” — an incentive for senders and recipients

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