Tag: CBN

CBN crashes dollar to N360
News

CBN crashes dollar to N360

Banks are to sell dollar at N360 for travel allowances, tuition and medical fees. A statement from the Central Bank of Nigeria (CBN) yesterday noted that ” $85 million for sale […]

CBN introduces new forex rates
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CBN introduces new forex rates

The Central Bank of Nigeria (CBN) on Monday introduced new forex rates and would no longer trade the naira at N375 per dollar for invisibles, such as school fees, medical […]

CBN offers, receives bids for $100m
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CBN offers, receives bids for $100m

The Central Bank of Nigeria (CBN) says it has offered and received bids for $100 million from authorized dealers in the interbank market to meet the requests of genuine customers. The CBN […]