Tag: CBN

CBN Raises Monetary Policy Rate to 22.75%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)…

Muhammad A. Aliyu Muhammad A. Aliyu

CBN Resumes Forex Sale to BDCs Operators

The Central Bank of Nigeria (CBN) has announced its decision to resume…

Muhammad A. Aliyu Muhammad A. Aliyu

CBN Unveils Revised Guidelines for FX Sale by Bureau De Change Operators [Details]

In a bid to bolster the regulatory framework for Bureau De Change…

Muhammad A. Aliyu Muhammad A. Aliyu

CBN Directs Customs to Use FX Closing Rate On Date of ‘Form M’ for Import Duty Assessment

In a bid to address the challenges posed by the volatility in…

Muhammad A. Aliyu Muhammad A. Aliyu

Senate Confirms 12 Members for CBN Monetary Policy Committee

The Senate has officially confirmed 12 individuals to serve as members of…

Muhammad A. Aliyu Muhammad A. Aliyu

ONSA, CBN Collaborate to Tackle Forex Speculators

The Office of the National Security Adviser (ONSA) and the Central Bank…

Muhammad A. Aliyu Muhammad A. Aliyu

Forex: CBN Directs Banks to Disburse PTA/BTA via Electronic Channels Only

The Central Bank of Nigeria (CBN) has taken decisive steps to address…

Muhammad A. Aliyu Muhammad A. Aliyu

CBN Removes ±2.5% Cap Spread on Interbank Forex Transactions: What You Should Know

The Central Bank of Nigeria (CBN) has announced a new policy that…

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