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The Central Bank of Nigeria (CBN) has slashed the exchange rate used to calculate import duties. The rate was slashed by 5.3%, Naija News understands. The...
The Central Bank of Nigeria (CBN) has told Nigerians to continue collecting old and new Naira notes, reiterating that all banknotes remain legal tender. The apex bank’s comment...
Commerce Takes the Central Helm If you’re tuning into this, you’re likely aware of Yemi Cardoso becoming the new chief of the Central Bank of Nigeria...
Days after his swearing in as Nigeria’s 16th leader, President Bola Ahmed Tinubu lived up to his promise to carry out monetary policy reforms and ensure...
The Central Bank of Nigeria (CBN) has announced that it will mop up all dormant account balances and unclaimed balances in banks into a designated account...
The Central Bank of Nigeria, on Friday, warned citizens against the abuse of Naira notes and listed all forms of Naira abuse. Naija News reports that...
The Central Bank of Nigeria, (CBN) has disclosed the reason for the naira scarcity plaguing the nation. The apex bank Director of Consumer Protection, Rashidat Mongunu...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that there is no going back on the date set to withdraw the...
The Central Bank of Nigeria (CBN) has disclosed in its statements on monetary policies that as at the end of 2022 the banking system has continued...
The Federal Government has said that at least 20,000 more jobs would be created as the Ministry of Power launches another phase of the nationwide installation...
The Central Bank of Nigeria (CBN) following the new policy to redesign the naira, has announced that it will protect Nigerians in rural areas to ensure...
One year after the introduction of the digital currency, eNaira by President Muhammadu Buhari through the Central Bank of Nigeria (CBN), the apex bank said the platform...
The Federal Government is considering a subtle approach to ease the activities of exporting manufacturers in Nigeria by creating a foreign exchange window. Naija News understands...
Pharmaceutical manufacturers in Nigeria have reportedly received no fewer than N100 billion to enhance local production of medicines and medical consumables. President Muhammadu Buhari confirmed this...
Financial reports have revealed that Nigeria is now in the fourth position on the list of World Bank‘s top debtors. According to the newly released World...
The federal government has guaranteed a loan estimated at N130.903 billion for farmers in a bid to boost the nation’s economy. The loan distribution, Naija News...
Niger Delta Militants have asked the All Progressive Congress, APC to give its 2023 presidential ticket to Governor of the Central Bank of Nigeria, Godwin Emefiele....
The senate has confirmed the appointments of seven members of the Monetary Policy Committee of the Central Bank of Nigeria. The confirmation was made on Wednesday...
The Nigeria Customs Service (NSC) has supported Central Bank of Nigeria e-invoicing and e-valuation policy, which has stirred reaction from clearing agents. Custom supported the decision...
The Central Bank of Nigeria (CBN) has reviewed banking charges and rates including ATM Maintenance Fees; Electronic Fund Transfers and Bulk Payments. This was disclosed in...
