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Tag: CBN

In FT Interview, Cardoso Says Investors Getting Comfortable with Nigeria’s FX Market
BusinessFinanceNews

In FT Interview, Cardoso Says Investors Getting Comfortable with Nigeria’s FX Market

NEWS BAR NGMay 14, 2024May 14, 2024

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said investors have become more comfortable with…

Suspend implementation of cybersecurity levy, Tinubu orders CBN
News

Suspend implementation of cybersecurity levy, Tinubu orders CBN

NEWS BAR NGMay 12, 2024May 12, 2024

President Bola Tinubu has asked the Central Bank of Nigeria to suspend the implementation of the controversial cybersecurity levy policy…

CBN Extends Suspension of  Charges on Cash Deposits Above Approved Thresholds to September
News

CBN Extends Suspension of Charges on Cash Deposits Above Approved Thresholds to September

NEWS BAR NGMay 9, 2024May 9, 2024

The Central Bank of Nigeria (CBN) has announced an extension to the suspension of processing fees of two per cent…

Cyber security levy will drain Nigerians- TUC
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Cyber security levy will drain Nigerians- TUC

NEWS BAR NGMay 8, 2024May 8, 2024

Yemi Obafemi The Trade Union Congress (TUC) has said the 0.5 percent cybersecurity levy on electronic transactions by commercial banks…

Five levies, Nigerians Pay for Electonic transactions
BusinessNews

Five levies, Nigerians Pay for Electonic transactions

NEWS BAR NGMay 7, 2024May 7, 2024

Banks operating in the country have been ordered to start charging a cyber security levy on transactions by Central bank…

CBN slashes BDC exchange rate to N1, 036.3/$
BusinessNews

CBN slashes BDC exchange rate to N1, 036.3/$

NEWS BAR NGApril 27, 2024April 27, 2024

•Sells $47.4m to BDCs in 2mths The Central Bank of Nigeria, CBN, yesterday for the second time in two months,…

Nigeria’s Treasury Bills Auction Oversubscribed by 254.23 Per Cent
FinanceNews

Nigeria’s Treasury Bills Auction Oversubscribed by 254.23 Per Cent

NEWS BAR NGApril 25, 2024April 25, 2024

The Nigerian Treasury Bills (NTBs) issued by the Central Bank of Nigeria (CBN) yesterday recorded an oversubscription of 254.23 per…

Marketers Lament as 45% Banks’ CRR Hampers Buying Products in Cargoes from Dangote Refinery
FinanceNews

Marketers Lament as 45% Banks’ CRR Hampers Buying Products in Cargoes from Dangote Refinery

NEWS BAR NGApril 23, 2024April 23, 2024

Many petroleum products marketers are currently facing difficulty in getting loans needed to finance the lifting of diesel and aviation…

CBN Partners International Money Transfer Companies to Double Remittances to Nigeria
BusinessNews

CBN Partners International Money Transfer Companies to Double Remittances to Nigeria

NEWS BAR NGApril 21, 2024April 21, 2024

*Remittance task force to report directly to Cardoso*Naira will continue to appreciate against dollar, says Shettima The Central Bank of…

Cardoso: CBN Has No Intention of Intervening in Forex Market
FinanceNews

Cardoso: CBN Has No Intention of Intervening in Forex Market

NEWS BAR NGApril 18, 2024April 18, 2024

The Governor of the Central Bank of Nigeria (CBN), Mr.  Olayemi Cardoso, yesterday, reiterated the apex bank’s stance of not…

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