Tag: BDC, CBN
CBN approves weekly sale of $150,000 to BDCs
Participation The Central Bank of Nigeria (CBN) says it has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign...
Naira gains N11.93 at official market
Naira The Naira on Monday opened the week with gain at the official market trading at N1,354.25 against the U.S. dollar. According to data released on the...
BoI secures CBN approval to operate non-interest banking window Approval
The Bank of Industry (BoI) has secured regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window....
States now to share payment of electricity subsidy —FG
States now to share payment of electricity subsidy — FG The Federal Government has said that State Governments are now to bear the cost of electricity subsidy along...
Naira closes week with further gain
Naira The Naira on Friday, closed the week stronger further appreciating against the U.S. dollar at the official market to trade at N1,417.94. According to data...
NCC, CBN Set to Roll Out Refund Framework for Failed Airtime and Data Transactions
Maida,NCC EVC In line with the consumer-focused objectives of the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators have...
Nigeria records overall $4.60 bn balance of payments surplus in Q3 2025 – CBN
Surplus Nigeria recorded an overall Balance of Payments (BOP) surplus of $4.60 billion l in the third quarter of 2025, marking a turnaround from the deficit...
AMCON has repaid N3.6tn to CBN since inception – MD AMCON
Mr Gbenga Alade,AMCON MD The Asset Management Corporation of Nigeria (AMCON) says it has repaid about N3.6 trillion to the Central Bank of Nigeria...
CBN scraps cash deposit limits, raises weekly withdrawal threshold
CBN scraps cash deposit limits, raises weekly withdrawal threshold The Central Bank of Nigeria (CBN) today removed the limit on cash deposits and raised the...
Nigeria’s Foreign Reserve Rises To $46bn
Nigeria’s Foreign Reserve Rises To $46bn The nation’s foreign reserve has risen to over $46 billion, according to the governor of the Central Bank of Nigeria...
