Our reporter/ The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) on Thursday set limits for the management of the oil firm’s revenue. According to…
Read More NNPC, CBN to strengthen relationship to guarantee seamless commercial operation
Our reporter/ The Central Bank of Nigeria (CBN) on Saturday denied reports that it plans to convert $30bn domiciliary deposits to naira. The denial followed reports that the federal government…
Read More CBN denies report it plans to convert $30bn domiciliary deposits to Naira
Our reporter/ The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to sell their excess dollar stock latest February 1, 2024, as part of moves to stabilise…
Read More CBN orders banks to sell excess dollars
The International Air Transport Association (IATA) has lauded the Central Bank of Nigeria (CBN) for releasing $64.44 million in blocked airline funds but said $700 million remains blocked in the…
Read More IATA faults CBN, says Airlines ‘$700m funds remains blocked in Nigeria’
The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed to foreign airlines in the country, has concluded the payment of all verified…
Read More Forex Backlog: CBN concludes payment of all verified claims by airlines
