Tag: CBN
CBN to start payment of N50billion COVID-19 fund from Thursday
The disbursement of the first tranche of the Central Bank of Nigeria, CBN N50billion COVID-19 fund would begin on Thursday.
The fund, which is being...
CBN technically devalues Naira to N380/$1
The Central Bank of Nigeria (CBN) has collapsed the multiple exchange rate policy that determined the value of the naira and adopted a single...
Coronavirus: Nigeria To Spend N100bn On Labs, Research and Production Vaccines
The Central Bank of Nigeria (CBN) on Wednesday announced a N1.1tn intervention fund to support critical sectors of the economy.
The CBN Governor, Mr Godwin...
CBN slashes banks’ ATM withdrawal fee from N65 to N35
The Central Bank of Nigeria CBN has issued new guidelines to banks in Nigeria.
According to the new guidelines, charges on ATM withdrawals in a...
CBN moves towards unified naira exchange rate
The Central Bank of Nigeria has indicated that it will allow the naira to weaken past its formal level as it gradually unwinds its...