Again, CBN resists calls to float Naira

The Central Bank of Nigeria (CBN) has resisted calls from financial institutions in Washington to float…

Cashless Policy: CBN backpedals, asks banks to refund charges

In what could be described as a policy reversal, the Central Bank of Nigeria (CBN) on…

Again, CBN resists calls to float Naira 

The Central Bank of Nigeria (CBN) has resisted calls from financial institutions in Washington to float…

CBN to sanction banks denying forex access to SMEs

The Central Bank (CBN) threatened on Friday to sanction banks denying Small and Medium Enterprises (SMEs)…

Cashless Policy: CBN backpedals, asks banks to refund charges

In what could be described as a policy reversal, the Central Bank of Nigeria (CBN) on…

Liquidity boost to BDCs narrows exchange rate gap- Gwadabe

The President of Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, says…

Nigeria’s external reserves rise by $109m in 12 Days

Although the Central Bank of Nigeria (CBN) has been consistent in its supply of dollars at…

CBN releases $250m for oil marketers, airlines, others

The Central Bank of Nigeria (CBN) on Wednesday released additional $250m on seven to 30-day forwards…

CBN to enable foreign investors repatriate dividends

Nigeria’s central bank will soon resume selling large volumes of dollars on the spot market and…

Manufacturers urge CBN to raise special window allocation to SMEs to $100,000

The Chairman, Manufacturers Association of Nigeria (MAN) in Ogun, Wale Adegbite, has advised the Central Bank…

CBN opens forex window for small businesses

The Central Bank of Nigeria (CBN) has opened another foreign exchange window  for small and medium…

200 factories close shop over CBN forex policy, says MAN 

Director General, Manufacturers Association of Nigeria (MAN) Segun Ajayi-Kadir has appealed to the Federal government to…