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CBN says contributions to its COVID-19 relief fund hit N15bn

The Central Bank of Nigeria (CBN) on Wednesday said that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against...

CBN suspends cheque clearing amidst 2 weeks lockdown

The Central Bank of Nigeria (CBN) on Monday suspended clearing of cheques until further notice following the lockdown in Lagos, Ogun and FCT...

COVID-19: CBN releases guidelines for operations of N100bn credit support for healthcare

The Central Bank of Nigeria (CBN) has released guidelines for operations of N100 billion credit support for the healthcare sector following the outbreak of...

Forex: CBN injects $292.34million into retail Secondary Market

The Central Bank of Nigeria (CBN) has injected the sum of 292.34million dollars into the retail Secondary Market Intervention Sales (SMIS). CBN Director, Corporate Communications,...

Diaspora remittance: Bureau de change operators want involvement in outward transfer

The Association of Bureau De Change Operators of Nigeria (ABCON) on Friday called on the Central Bank of Nigeria (CBN) to allow and empower...

CBN pleads for land for 3 coys to build dairy factories in FCT

The Central Bank of Nigeria (CBN) has appealed to Federal Capital Territory Administration to allocate land to some companies to build dairy factories, in...

CBN says receiving money transfers in foreign currency detrimental

The Central Bank of Nigeria (CBN) says receiving international money transfers in foreign currencies by Nigerians is detrimental to the Naira. Ms Ozemena Nnaji, Director,...

NECA hails CBN for exempting coys from Forex restriction

The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria (CBN) for exempting six companies from restriction on milk and dairy...

CBN injects $210m into Forex Market

The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into the inter-bank Foreign Exchange Market to boost liquidity in...

Forex: CBN injects $218.41m, CNY 18m into retail secondary market

The Central Bank of Nigeria (CBN) has injected the sum of 218.41 million dollars into the retail Secondary Market Intervention Sales (SMIS).The bank’s Director,...

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