The organised private sector, comprising manufacturers and small businesses in the country, Tuesday, stated that the…
Tag: CBN
CBN bans 9 banks from FX market for aiding NNPC’s TSA breach
The Central Bank of Nigeria (CBN) has banned nine deposit money banks (DMBs) from the foreign…
CBN orders banks to sell 60% forex to manufacturers
The Central Bank of Nigeria CBN) yesterday, ordered authorised dealer banks to allocate 60 per cent…
New CBN policy will boost investors confidence in Nigeria
As the new foreign exchange policy regime dawned yesterday, analysts are confidence that the implementation will…
CBN approves clearance of over 200 trapped containers
The Central Bank of Nigeria (CBN) has granted provisional approval for the clearance of over 200…
CBN reports further decline in economic activities in April
The Central Bank of Nigeria (CBN) has released the Purchasing Managers Index for April, which indicated…