Legit on MSN1d
CBN mentions category of claims that would benefit from $7bn Forex backlog
The Central Bank of Nigeria (CBN) has announced that the verification process is complete and only verified claims will be ...
Zawya3d
Nigeria: CBN to commence payment of Forex backlog
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the completion ... aimed at ensuring ethical conduct among dealers in Nigeria’s forex market. Addressing the impact of ...
Legit on MSN3d
Relief as CBN announces plan to commence payment of forex backlog
The Central Bank of Nigeria has announced that it is ready to commence repayment of all forex backlogs. The apex bank also ...
The Punch Newspapers5d
CBN sets January 31 deadline for FX compliance reports
It applies to authorised dealers licensed under the CBN Act of 2007, the Bank and Other Financial Institutions Act of 2020, and other entities engaged in wholesale FX business in Nigeria.
Forbes2d
CBD vs. CBN: What’s The Difference?
Meanwhile, cannabinol (CBN) is also procuring recognition in the holistic health space. While these two compounds share similarities in their origin and name, there are important differences ...
PM NEWS Nigeria3d
CBN unveils new FX code to reform forex market
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has promised decisive action against any individual or institution that violates the new Foreign Exchange (FX) Code it launched to ...
Channels TV4d
CBN To Commence Payment Of Forex Backlog
In March last year, the CBN announced clearance of the backlog, effectively eliminating a legacy burden. The apex bank boss said the era of multiple exchange rates which accorded privileges to a ...
Okay Nigeria4d
CBN Launches FX Code to Promote Transparency, Fairness in Nigeria’s Forex Market
At the launch event on Tuesday, the CBN Governor, Olayemi M. Cardoso, described the FX Code as a transformative initiative designed to enhance the integrity and efficiency of Nigeria’s forex ...
legit4d
FX Code: CBN Gives Deadline for Banks, Others to Meet New Forex Directive
The FX Code lays out best practices to guarantee a strong, equitable, and open forex market. Photo Credit: Contributor Source ... the Bank and Other Financial Institutions Act of 2020, the CBN Act of ...
thewhistler.ng3d
Naira Appreciates To N1,620/Dollar As CBN Tightens Forex Regulations
The CBN has tightened its foreign exchange regulations to trim the abuse of the country’s forex market by BDCs and the financial service industry. Last year, the CBN suspended licence renewal for BDC ...
businesspost4d
CBN to Clear Pending Forex Backlogs, Introduces FX Code
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso has announced that forensic verification to clear all pending foreign exchange backlogs is now completed and payments will commence ...
Nigerian Tribune3d
We’ve cleared outstanding $7bn Forex backlog — CBN
The Central Bank of Nigeria (CBN) says it has successfully cleared ... “We have taken decisive action to address the forex liquidity constraints by clearing the $7bn backlog, ensuring that ...