Our reporter/ The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the benchmark interest rate by 200 basis points to 24.75 percent. CBN governor…
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Tag: #CBN
Binance: CBN says collaboration with SEC, EFCC, NSA positive
Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday said it is the role of the Securities and Exchange Commission (SEC) to regulate cryptocurrency transactions in the country, and…
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CBN sells FX to BDCs at N1,251/$1
Our reporter/ The Central Bank of Nigeria (CBN), on Monday, announced the sales of $10,000 to each of the eligible Bureau De Change (BDC) operators in the country at the…
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CBN clears ‘valid’ FX transactions to eliminate legacy backlog
Our reporter/ The Central Bank of Nigeria (CBN) says all valid foreign exchange backlogs of s$7 billion have now been settled, fulfilling a key pledge of its Governor, Olayemi Cardosoo.…
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CBN allocates N100bn, two million bags of fertilisers to ministry of Agriculture
Our reporter/ The Central Bank of Nigeria on Wednesday allocated N100bn and 2.15 million bags of fertilisers to the Ministry of Agriculture, to cushion the effects of high prices of…
Read More CBN allocates N100bn, two million bags of fertilisers to ministry of Agriculture