No plan to convert $30bn domiciliary deposits into Naira
The Central Bank of Nigeria (CBN) says it has no plans to convert $30bn deposits in domiciliary accounts to Naira....
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CBN issues modified guidelines on implementation of cash reserve requirement
The Central Bank of Nigeria (CBN) has introduced a modified mechanism for the implementation of the cash reserve requirement (CRR)...
CBN confirms completion of settlement of all outstanding verified FX claims by foreign Airlines
In continuation of its effort to clear the backlog of foreign exchange in key sectors of the economy, the Central...
UPDATED: ALSCON: Implications of the Supreme Court’s ruling and the way forward
By Bassey Udo On Friday, January 26, 2024, the Supreme Court sent the former Director-General of the Bureau of Public...
FX market distortion: CBN warns against reporting inaccurate, misleading data
The Central Bank of Nigeria (CBN) on Monday warned authorised dealers in foreign e, change and their customers against reporting...
