CBN

Reps summon CBN Governor over revenue leakages

The House of Representatives has summoned the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to appear before…

3 months ago

CBN begins daily sales of $20,000 at N1,301/$ to BDCs

As part of the efforts to stabilise the forex market, the Central Bank of Nigeria (CBN) has commenced the sale…

3 months ago

CBN raises interest rate to 22.75%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 400 basis points from 18.75 per…

3 months ago

BDC: CBN orders forex sellers above $10,000 to declare sources

The Central Bank of Nigeria (CBN) has directed foreign exchange sellers to Bureau De Change (BDC) of the equivalent of…

3 months ago

CBN to raise minimum capital for bureau de change operators to N2bn

The Central Bank of Nigeria (CBN) has concluded plans to increase the minimum capital requirements for Bureau De Change (BDC)…

3 months ago

CBN to Customs: Use official forex rate for import duty

The Central Bank of Nigeria (CBN) has urged the Nigeria Customs Service (NCS) and other related parties to adopt the…

3 months ago

Senate to probe Buhari’s govt over N30trn CBN’s Ways and Means loans

The Senate has resolved to commence an investigation into how the N30 trillion Ways and Means loans of the Central…

3 months ago

NACCIMA writes CBN, proffers solutions to naira depreciation, inflation

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has proffered short, medium, and long-term strategies to…

3 months ago

Naira: ONSA partners CBN to stabilise forex market

The Office of the National Security Adviser (ONSA) has announced a partnership with the Central Bank of Nigeria (CBN) to…

3 months ago

Olayemi Cardoso’s dilemma, By TUNDE RAHMAN

By TUNDE RAHMAN Those who know Mr. Olayemi Cardoso will agree he got his current job as the Governor of…

3 months ago

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