Is CBN Unifying Exchange Rates Across Markets in Nigeria?
For the second time in the last months, the CBN appears to have further adjusted the official rates of naira/dollar. The rate is now down …
Tag: Godwin Emefiele
Maize Importation Halted, Authorization Withdrawn As CBN Grows Ban List
All authorized maize dealer has been directed by the Central Bank of Nigeria to halt all maize importation process and return all registered Forms M. …
Recent Devaluation Of Naira By the CBN Chaotic Or The Best Move?
Nigeria has barely outlived the fall that began with the 2014/15 oil price collapse before coronavirus hit its economy. How the Central Bank of Nigeria, CBN …
ATM: CBN Directs Banks to Resolve Failed Transactions
In a revised money reversal timeline, the Central Bank of Nigeria, CBN, directs banks to resolve failed ATM, POS, transactions. Starting June 8, and for …
Free Processing for COVID-19 Loan – Here’s how to access it at NIRSAL
Following the lockdown which was initiated due to the coronavirus pandemic, the Central Bank of Nigeria introduced N50 billion Targeted Credit Facility (TCF) stimulus package. …