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In a bold bid to sustain the federal government’s focus on agricultural development, in order to diversify the economic base from the non-performing oil industry, the Central Bank of Nigeria ...
The Central Bank of Nigeria (CBN) has dismissed media reports that it will withdraw ‘Form A’ discounted foreign exchange (FX) window and effectively stop the funding of overseas school fees, ...
Nigeria’s forex exchange reserve has been projected to fall in 2022 as the Central Bank of Nigeria plans to clear about $1.7bn in FX backlog to foreigners and FX forward ...
Nigerians traded at least N77.75bn ($185m) worth of Bitcoin in the first three months of the year despite the Central Bank of Nigeria’s restrictions on cryptocurrency transactions in the country. ...
The total amount disbursed under the Anchor Borrowers Programme of the CBN rose to N1.01tn as of the end of April. Figures obtained from the CBN’s reports from members of ...
Cryptocurrency trading is gaining more momentum among Nigerians, especially the youths, more than a year after the Central Bank of Nigeria (CBN) prohibited banks and other financial institutions from facilitating ...
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that despite calls and recommendations by the International Monetary Fund, the World Bank and other global financial institutions, ...
The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting in cryptocurrencies. According to a ...
The Central Bank of Nigeria has said it had disbursed N1.452 trillion to 337 large real sector projects in agriculture, manufacturing, services, and mining under the Real Sector Support Facility ...
The House of Representatives has urged the Central Bank of Nigeria to “reinforce the use of coins as a legal tender and ensure that banks comply with the use of coins ...
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