Tag: CBN
Amosun shaken as CBN bullion van rams into convoy
Governor Ibikunle Amosun of Ogun was left in shock on Thursday after a bullion van belonging to the Central Bank of Nigeria (CBN) ran...
CBN pumps $81.2 m for BTA, PTA, tuition fees, SMEs segments
Following last Friday’s injection of $389 million into the retail segment of the forex market, the Central Bank of Nigeria (CBN) on Monday intervened...
CBN bars Skye Bank, GTBank, FCMB, others from forex sale to...
The Central Bank of Nigeria (CBN) has barred all but eight banks from participating in the weekly SME wholesale spot and forward intervention with...
Forex dealers pick $85.69m out of $100m offered by CBN
The Central Bank of Nigeria (CBN) disclosed on Friday that authorised dealers were only able to pick $85.69 million out of the $100 million...
6 things to know about Walter Akpani, MD of Providus Bank
Ten months after it was granted a licence by the Central Bank of Nigeria (CBN), Providus Bank commissioned its ultramodern headquarters on Victoria Island,...
CBN introduces Form X for SMEs in need of forex
As part of its determination to increase foreign exchange liquidity and improve access by Small and Medium Enterprises (SMEs) and retail businesses, the Central...
CBN boosts forex supply by $240m, directs banks to pay customers...
The Central Bank of Nigeria (CBN) on Monday released the sum of $90 million to meet requests for invisibles such as basic travel allowance,...
CBN denies inadequate forex for PTA, BTA, tuition, medical fees
The Central Bank of Nigeria (CBN) has describe claim that it did not allocate enough forex to some commercial banks for personal travel allowance...
CBN slashes bureau de change dollar rate to N360
Barely 24 hours after its directive to Deposit Money Banks (DMBs) in the country to sell foreign exchange obtained from it to retail end-users...
Again, CBN boosts forex supply with $195m
The Central Bank of Nigeria (CBN) on Tuesday sustained the supply of foreign exchange to the market by concluding arrangement to release the sum...