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Tag "central bank of nigeria"

Fiscal issues affecting MPR impact, say experts ahead of MPC meeting

    Fiscal issues affecting MPR impact, say experts ahead of MPC meeting

After postponing the monetary policy committee (MPC) meeting twice in the second half of 2023, the decision-making body of the Central Bank of Nigeria (CBN) will finally meet on February

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FX crisis: EFCC, CBN should clamp down on crypto platforms, says Onanuga

    FX crisis: EFCC, CBN should clamp down on crypto platforms, says Onanuga

Bayo Onanuga, special adviser to President Bola Tinubu on information and strategy, says Binance and other crypto platforms should be banned from operating in Nigeria. In an X post on

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CBN: Prices of import items that are 15% above global average will be queried

    CBN: Prices of import items that are 15% above global average will be queried

The Central Bank of Nigeria (CBN) has reviewed the allowable limit of price deviation for exports and imports. This was disclosed in a statement dated February 14, 2024 and signed

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‘It impacts FX liquidity’ — CBN limits repatriation of proceeds by foreign oil firms

    ‘It impacts FX liquidity’ — CBN limits repatriation of proceeds by foreign oil firms

The Central Bank of Nigeria (CBN) has placed limits on the transfer of proceeds from crude exports by international oil companies (IOCs) to offshore parent company accounts. According to a

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PTA/BTA: CBN stops cash payments, directs banks to use electronic channels

  PTA/BTA: CBN stops cash payments, directs banks to use electronic channels

The Central Bank of Nigeria (CBN) says payment of personal travel allowance (PTA) and business travel allowance (BTA) in cash

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Yemi Kale to CBN: Concentrate on boosting FX supply, not controlling demand

  Yemi Kale to CBN: Concentrate on boosting FX supply, not controlling demand

Yemi Kale, KPMG Nigeria partner and chief economist, has asked the Central Bank of Nigeria (CBN) to focus on boosting

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CBN removes exchange rate cap on interbank FX transactions

  CBN removes exchange rate cap on interbank FX transactions

The Central Bank of Nigeria (CBN) says it has discontinued the exchange rate market cap on the spread of interbank

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NNPC strikes deal with CBN over revenue management, to continue transactions with banks

  NNPC strikes deal with CBN over revenue management, to continue transactions with banks

The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) have set limits for the management

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Oil FX earnings declined from $93bn to $31bn in nine years, says Cardoso

  Oil FX earnings declined from $93bn to $31bn in nine years, says Cardoso

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says foreign exchange (FX) earnings from oil exports declined from

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Cardoso: FX market transactions was $800m on Monday… first time in a while

  Cardoso: FX market transactions was $800m on Monday… first time in a while

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says for the first time in a long while, Nigeria’s

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