CBN
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News
CBN Lifts Forex Caps To Woo Billions From Residents Abroad
Nigeria’s central bank eased rules on international money transfers, taking another step in freeing up its volatile foreign-exchange market to…
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News
State Of The Economy: Senate Summons CBN Governor
The Senate’s Committee on Banking, Insurance, and other Financial Institutions has summoned the Governor of the Central Bank of Nigeria…
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Banking and Finance
CBN Moves To Boost Liquidity In Forex Market, Pegs Trade, Assets in Forex
The Central Bank of Nigeria (CBN), has ordered banks to limit the Net Open Position (NOP) of their foreign currency…
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News
Ndume Commends Tinubu for Transferring Crude Oil Revenue from NNPCL to CBN
Senator Ali Ndume The Chief Whip of the Senate, Senator Ali Ndume, has commended President Bola Tinubu’s recent directive to…
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Banking and Finance
CBN Clears Another $500m FX Backlog To Stem Naira’s Continuing Decline
•Tinubu transfers crude oil revenue receipts from NNPCL to CBN •Move aimed at ensuring transparency, accountability The Central Bank…
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Banking and Finance
Why Students Should Embrace eNaira for Payment of School Fees – CBN
The Central Bank of Nigeria(CBN) has explained why students of higher institutions across the country should embrace payment of their…
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Banking and Finance
CBN Unveils Platform To Promote Financial Literacy
The Central Bank of Nigeria, on Monday, unveiled an e-learning platform, SabiMONI, to promote financial literacy and deepen financial inclusion.…
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Banking and Finance
BVN Has No Expiry Date, Valid For Lifetime — CBN
The Central Bank of Nigeria (CBN), has clarified that the Bank Verification Number, BVN, has no expiry date, saying it…
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Banking and Finance
CBN Urges Banks To Transfer Funds In Dormant Account Into Trust Fund Account For Investment in Treasury Bills
The Central Bank of Nigeria (CBN) has proposed that banks transfer funds in accounts that have been dormant for up…
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Banking and Finance
Long Queues Disappear, As Banks’ Cash Payment To Customers Improves
Long queues being experienced in the nation’s banks in the last two months has reduced following the increase in cash…
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