Tag Archives: Central Bank of Nigeria

Sterling Financial Holdings Company PLC has achieved another milestone with the approval of the Central Bank of Nigeria (CBN) recognising an additional ₦75 billion in its capital raise.

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Against the rise in cost of forex, the Central Bank of Nigeria has caution Nigerians to resist the urge of succumbing to speculative activities of some players in the foreign exchange market in the face of rising demand for foreign exchange for both goods and services by Nigerians.

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The Central Bank of  Nigeria, CBN, said it will sell N1.2 trillion worth of Treasury Bills (TBs) in the third quarter of 2022 (Q3’22).

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The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira.

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The Central Bank of Nigeria (CBN) has granted Airtel Mobile Commerce Nigeria Ltd, a subsidiary of Airtel Africa, a full super-agent licence.

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The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said, the apex bank is expecting that the foreign exchange needed for the importation of petroleum products will decline by the end of this year when the Dangote Refinery commences operation

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Determine to deepen Foreign exchange inflow into the domestic economy, the Central Bank of Nigeria (CBN) has ordered the release of N3.5 billion rebate to exporters who have brought in Fx into the economy.

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The Central Bank of Nigeria has expressed concern over the increasing amount of mutilated banknotes deposited with the apex bank by Deposit Money Banks.

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The Central Bank of Nigeria (CBN) has disbursed over N1.3 trillion to support power supply to Nigerians in the last five years.

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Heritage Bank Plc in partnership with the Central Bank of Nigeria has set up plans to disburse a whopping sum of N41billion to farmers from 14 states for the expansion of wheat production project.

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