Saturday, May 4, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "Central Bank of Nigeria (CBN)"

Governors set up committee to investigate ‘unremitted’ N20trn stamp duty

    Governors set up committee to investigate ‘unremitted’ N20trn stamp duty

The Nigerian Governors Forum (NGF) has set up a three-man committee to investigate the alleged N20 trillion unremitted stamp duty funds to the federation account. The committee, which is chaired

0 comment Read Full Article

CBN gives banks four weeks to open forex sales point

    CBN gives banks four weeks to open forex sales point

The Central Bank of Nigeria (CBN) has given a four-week ultimatum to deposit money banks which have not complied with its directive to open teller points for retail forex transactions.

0 comment Read Full Article

No more withdrawals from Jan 1, CBN tells microfinance bank customers without BVN

    No more withdrawals from Jan 1, CBN tells microfinance bank customers without BVN

The Central Bank of Nigeria says from January 1, customers of microfinance banks and other financial institutions (OFIs) without the bank verification number (BVN) will be unable to make withdrawals

0 comment Read Full Article

CBN: We’ve returned N51.9bn to bank customers for illegal deductions

    CBN: We’ve returned N51.9bn to bank customers for illegal deductions

The Central Bank of Nigeria says it has recovered N51.9 billion illegally deducted by commercial banks in the past five years and returned it to customers. Isaac Okorafor, acting director,

1 comment Read Full Article

Naira ends week on strong note, closes at N385 to a dollar

  Naira ends week on strong note, closes at N385 to a dollar

Efforts by the Central Bank of Nigeria to salvage the naira yielded positive results as the nation’s currency closed at

1 comment Read Full Article

CBN suspends cashless policy, asks banks to refund charges

The Central Bank of Nigeria (CBN) has suspended its earlier directive on the implementation of cashless policy. In a circular

4 comments Read Full Article

CBN increases forex sales to BDCs after IMF commendation

  CBN increases forex sales to BDCs after IMF commendation

The Central Bank of Nigeria has announced that it would increase the amount of forex apportioned to Bureau de Change

0 comment Read Full Article

Emefiele: NEC did not direct CBN’s forex intervention

  Emefiele: NEC did not direct CBN’s forex intervention

Godwin Emefiele, governor of the Central Bank of Nigeria, says the National Economic Council (NEC) did not direct the apex bank

0 comment Read Full Article

NNPC: CBN has released forex for importation of aviation fuel

  NNPC: CBN has released forex for importation of aviation fuel

The Nigerian National Petroleum Corporation (NNPC) says that the Central Bank of Nigeria (CBN) has provided foreign exchange for the

0 comment Read Full Article

Naira loses steam, closes at 465/$1

  Naira loses steam, closes at 465/$1

After days of gaining strength against the dollar, naira finally lost it’s steam and closed at N465, losing N7 from

0 comment Read Full Article
error: Content is protected from copying.