Tag: ACAMB, CBN
Banks are in good stead to meet CBN’s recapitalisation target – ACAMB*
The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the country have the wherewithal...
CBN MPC:Economy records over $1.5 billion inflow
. . . Naira trades N1,309/$1 at NAFEM The Central Bank of Nigeria (CBN) says the inflow of over $1.5 billion into the economy over the past few days indicates...
Survival of the Fittest as CBN Raises Banks’ Capital Base To N500bn, N200bn
Caption:Yemi Cardoso,CBN Governor ….Banks Must Comply by 2026 or merge Banks with International Operations in the country have twenty gour months till...
We are investigating $2.4bn foreign exchange scam says Cardoso,CBN Governor
Caption:Olayemi Cardoso,CBN Governor The Central Bank of Nigeria (CBN), Governor Yemi Cardoso, has disclosed that law enforcement agencies are investigating...
CBN Increases Interest Rate To 24.75%
The Monetary Policy Committee of the Central Bank of Nigeria has Tuesday concluded its two-day meeting for March 2024. This meeting marks the second MPC meeting...
CBN sells dollars to BDCs at N1,251/$1
Caption: Dollars The Central Bank of Nigeria,CBN, disclosed on Monday that it sold $10,000 to each Bureau de Change operator at a rate of N1,251 per U.S. dollar. The...
Dollar speculators will soon be in tears, Naira will appreciate – Presidency warns FX speculators
The Presidency has warned forex speculators that the Naira will soon appreciate. President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo...
We’ve cleared all outstanding valid FX Transactions says CBN
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of...
Ways And Means: Akpabio raises 17- member commitee to probe Emefiele
The Senate President, Godswill Akpabio, has inaugurated a seventeen member commitee to prove the Ways and Means project under former Central Bank...
Forex:CBN Reports Increase in monthly overseas Remittances to $1.3bn from $300m in February
* Foreign Investors’ Return The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in February...
