Tag: CBN
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CBN Revokes 4,000 Licences Of Bureau De Change Operators (Check List)
The Central Bank of Nigeria (CBN) continued its operation on Bureau De Change (BDC) operators, on Friday, revoking over 4,000 licences.
The apex bank, which...
Central Bank Of Nigeria Resumes Sale Of Dollars To BDCs
The Central Bank of Nigeria (CBN) has commenced sale of dollars to Bureax De Change (BDC).
Announcing the development in a statement on Tuesday, the...
CBN Announces Plans To Inject Another $500m Into Forex Market
In a move aimed at addressing the persistent backlog of verified foreign exchange (forex) transactions, the Central Bank of Nigeria (CBN) has injected another...
Naira Has Been Undervalued – CBN Governor
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the apex bank is implementing “inflation targeting policy” to reduce the inflationary...
Ex-CBN Governor Emefiele Granted Bail After Spending 151 Days In Detention
A High Court of the Federal Capital Territory (FCT) in Maitama has granted bail to former Governor of the Central Bank of Nigeria (CBN),...