The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that the country’s foreign exchange reserves have …
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Cardoso Trends on Twitter as Naira Gains 7.2% Against Dollar
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has become the center of attention on Nigerian Twitter, now X, …
Read More »CBN Governor Clarifies Role in Regulating Cryptocurrency, Emphasizes Collaboration with Other Agencies
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified the bank’s role in regulating cryptocurrency and emphasized …
Read More »CBN Schedules 294th Monetary Policy Committee Meeting for March 25, 2024
The Central Bank of Nigeria (CBN) has announced the scheduling of its 294th Monetary Policy Committee (MPC) meeting, which is …
Read More »CBN Resumes Agriculture Funding with ₦100 Billion, Allocates Fertilizers to Farmers
The Central Bank of Nigeria (CBN) has resumed its funding intervention for the agriculture sector in response to the challenges …
Read More »CBN Hands Over 2.1m Bags of Fertiliser Worth N100bn to Agric Ministry, Increases Exchange Rate for Customs Duties
The Central Bank of Nigeria (CBN) on Wednesday in Abuja handed over 2.1 million bags of fertiliser valued at N100 …
Read More »Tony Elumelu Supports CBN Decisions and Calls for Power Sector Revamp
Nigerian business mogul Tony Elumelu expressed support for the Central Bank of Nigeria’s (CBN) recent decisions in its Monetary Policy …
Read More »CBN Revokes 4,173 BDC Licenses: A Closer Look at Regulatory Breaches and Implications
The Central Bank of Nigeria (CBN) recently announced the revocation of operating licenses of 4,173 Bureaux De Change (BDCs) operators …
Read More »CBN Nearing Completion of FX Backlog Clearance
The Central Bank of Nigeria (CBN) is close to completing the clearance of outstanding foreign exchange (FX) backlogs, according to …
Read More »Crypto Exchanges Halt USDT/USDC Sales in Naira Amid Regulatory Pressure
Several crypto companies in Nigeria have decided to stop allowing users to buy the USDT and USDC stablecoins using the …
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