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Tag: CBN

Cardoso: With  $1.8bn Inflow Last Week, Nigeria’s Economy Has Positive Outlook
FinanceNews

Cardoso: With  $1.8bn Inflow Last Week, Nigeria’s Economy Has Positive Outlook

NEWS BAR NGFebruary 19, 2024February 19, 2024

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, yesterday, said despite the apparent gloomy picture of the country’s…

Tinubu Asks Senate to Confirm Five Nominees as CBN Board Directors
FinanceNewsPolitics

Tinubu Asks Senate to Confirm Five Nominees as CBN Board Directors

NEWS BAR NGFebruary 14, 2024February 14, 2024

President Bola Tinubu has asked the Senate to confirm the appointment of five nominees into the board of the Central…

Forex Market Records $1.83 Billion Turnover in One Week Amid Reforms
BusinessNews

Forex Market Records $1.83 Billion Turnover in One Week Amid Reforms

NEWS BAR NGFebruary 10, 2024February 10, 2024

*Cardoso urges Nigerians to moderate appetite for dollar, patronise local services *Says apex bank has resolved to end ways and…

CBN Bars Banks, Others from Referencing Unaudited Accounts in Sales Promotion
FinanceNews

CBN Bars Banks, Others from Referencing Unaudited Accounts in Sales Promotion

NEWS BAR NGFebruary 9, 2024February 9, 2024

The Central Bank of Nigeria (CBN) yesterday issued the revised Consumer Protection Regulations, to give effect to the principles contained…

Cardoso: Nigerians Spent $40 Billion in 10 Years on Foreign Education, Medical Tourism
FinanceNews

Cardoso: Nigerians Spent $40 Billion in 10 Years on Foreign Education, Medical Tourism

NEWS BAR NGFebruary 7, 2024February 7, 2024

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, yesterday  said that the growing number of Nigerian students…

Foreign portfolio investors showing  interest in Nigerian market- CBN
BusinessFinanceNews

Foreign portfolio investors showing interest in Nigerian market- CBN

NEWS BAR NGFebruary 5, 2024February 6, 2024

Wunmi  Semudara The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has announced that foreign portfolio investors (FPIs)…

Cardoso: $2.4bn FX Claims Not Valid, $2.3bn Settled, $2.2bn Outstanding
FinanceNews

Cardoso: $2.4bn FX Claims Not Valid, $2.3bn Settled, $2.2bn Outstanding

NEWS BAR NGFebruary 5, 2024February 5, 2024

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said about $2.4 billion out of the reported…

FG Shoots Down Report of Plans to Convert $30bn Domiciliary Accounts to Naira
BusinessNews

FG Shoots Down Report of Plans to Convert $30bn Domiciliary Accounts to Naira

NEWS BAR NGFebruary 4, 2024February 4, 2024

*Allegation aims to trigger panic in foreign exchange market, says CBN *FG determined to stabilise forex, ease living cost, Idris…

Official I&E Rate Hits N1,482/$1, Surpasses Parallel Market FX Price at N1,460/$1
FinanceNews

Official I&E Rate Hits N1,482/$1, Surpasses Parallel Market FX Price at N1,460/$1

NEWS BAR NGJanuary 31, 2024January 31, 2024

In what appeared an unusual occurrence in the foreign exchange market yesterday,  the naira hit N1,482/$1 on the Investors and…

To Stem Naira’s Continuing Decline, CBN Clears Another $500m FX Backlog
FinanceNews

To Stem Naira’s Continuing Decline, CBN Clears Another $500m FX Backlog

NEWS BAR NGJanuary 30, 2024January 30, 2024

The Central Bank of Nigeria (CBN), yesterday announced that it had released an additional $500 million to address verified outstanding…

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