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CBN
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...
Ehime ALEX
-
February 6, 2025
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...
Ehime ALEX
-
January 29, 2025
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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...
Ehime ALEX
-
January 28, 2025
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...
Ehime ALEX
-
January 22, 2025
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Banking and Finance
CBN launches payment solutions to track MDA spendings, promote digital documentation
THE Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has launched two policy initiatives - the document...
Harrison EDEH
-
January 16, 2025
Banking and Finance
CBN fines Fidelity, Union, First Bank, others for failing to dispense cash
FIDELITY, First Bank, Keystone Bank, and Union Bank Plc have been sanctioned by the Central Bank of Nigeria (CBN)...
Harrison EDEH
-
January 14, 2025
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