The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) resolved to intervene in the over $1billion loan repayment issue between telecoms outfit, Etisalat and its local creditors.…
CBN
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Business
BUREAU De Change Operators Seek $15,000 Weekly Sale From CBN
by Damilare Salami March 9, 2017The Association of Bureau De Change Operators has said it is working with the Central Bank of Nigeria CBN, for the dollar sale to BDCs to be increased to $15,000…
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In a circular to all Deposit Money Banks posted on its website, the regulator said the decision to reintroduce the charges on cash deposits was part of the review of…
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Lukman Otunuga, a macroeconomics expert and research analyst at FXTM, says the Central Bank of Nigeria (CBN) may devalue the naira to 400 against the dollar on the official side.…
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The Central Bank of Nigeria (CBN) has resumed payment of N65,000 per month to ex-militants as the federal government seeks to end vandalism in the Niger Delta. According to Piriye…
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BusinessMedia
10,000 Youths to benefit from CBN Anchor Borrowers Scheme in Ogun
by Arinze Ago January 5, 2017About 10,000 youths and other small-scale farmers are set to benefit from the Central Bank of Nigeria’s (CBN) Anchor Borrowers Programme, in Ogun state. The State Coordinator and Special Assistant…
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The Central Bank of Nigeria will move to eliminate the foreign exchange black market in Africa’s biggest economy, the country’s finance minister said on Tuesday. The naira trades, sometimes 40%…