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.
The Punch Newspapers13d
95% bank debtors borrowed from MFBs in 2024 – CBN
This trend coincides with a series of interest rate hikes implemented by the CBN under Governor Olayemi Cardoso. Since assuming office, Cardoso has overseen six consecutive increases in the ...
LEADERSHIP Newspaper25d
Net Forex Inflows Surge To $46.92bn — CBN
Data from the Central Bank of Nigeria (CBN) has indicated that the net foreign exchange (FX) inflows into the economy increased by 65.7 percent year-on-year (YoY), reaching $46.92 billion during ...
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 ...
Vanguard10d
CBN approves release of FX code
The Central Bank of Nigeria (CBN) has said it has approved the release of the Nigerian Foreign Exchange (FX) Code. According to CBN in a statement, the Code serves as a guideline to the banking ...
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 ...