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CBN

Business and Economy

CBN reschedules February MPC meeting

THE Central Bank of Nigeria has announced a new date to hold the 299th Monetary Policy Committee (MPC) meeting. The...
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Business and Economy

Why CBN may postpone February monetary policy meeting

THERE are indications that the Central Bank of Nigeria (CBN) may  shift its Monetary Policy Committee (MPC), meeting expected...
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Business and Economy

CBN restricts BDCs’ $25,000 FX weekly purchase to single dealer

THE Central Bank of Nigeria (CBN) has directed Bureau de Change (BDCs) operators to purchase up to $25,000 weekly...
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Banking and Finance

Forensic verification of $7bn FX backlogs show corruption – CBN

THE Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said that forensic verification of $7 billion foreign...
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Banking and Finance

FX code: CBN sets January 31 deadline for submission of compliance report

THE Central Bank of Nigeria (CBN) has asked participants in the foreign exchange market to submit compliance reports to...
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Banking and Finance

CBN approves release of FX code to promote market participation

THE Central Bank of Nigeria (CBN) said it has approved the release of the Nigerian Foreign Exchange (FX) Code. It...
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