Tag: CBN
Debt restructuring: FG’s borrowing from CBN falls to N4.36tn
The Federal Government’s debt to the Central Bank of Nigeria through the Ways and Means Advances fell to N4.36tn after most of it was...
CBN’s licensed firm plans to tackle FX liquidity crisis
Nairagram, a licensed International Money Transfer Operator, has said it is partnering with the Central Bank of Nigeria, Sebastian BDC, and Keystone Bank to...
Remittances giving Nigeria more revenue than oil, says CBN boss
The acting Governor of Central Bank of Nigeria, CBN, Folashodun Shonubi has said that no country can achieve development without remittances.
Shonubi while delivering a...
Nigerians Can Now Collect Diaspora Remittances In Naira, Says CBN
The Central Bank of Nigeria (CBN) has announced the inclusion of the naira as a payout option for diaspora remittances. CBN also directed that...
Domiciliary Accounts: CBN Lifts Restriction On Cash Depo sit, Allows $10k...
The Central Bank of Nigeria (CBN) has said cash deposits into domiciliary accounts will no longer be restricted.
The apex bank said this in guidance...
