Tag: Central Bank of Nigeria (CBN)

CBN allows BDCs to buy dollars, caps weekly purchase at $150,000

The Central Bank of Nigeria (CBN) has approved a new foreign exchange…

CBN orders banks to configure ATMs, POS terminals for foreign card transactions

The Central Bank of Nigeria (CBN) has directed banks and non-bank acquirers…

JUST IN: Nigeria’s foreign reserves hit $46.7bn

Nigeria’s external reserves have climbed to $46.7 billion as of November 14,…

Nigeria attracts $8bn energy investments

Nigeria’s ongoing economic reforms have drawn over $8 billion in new investments…

CBN raises interest rate to 27.50%

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