cbn new policy

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    Business CBN Re-introduces Bank Charges on Cash Deposits, Withdrawals

    The Central Bank of Nigeria on Thursday announced the reintroduction of bank charges on certain categories of cash deposits and withdrawals. This came about three years after the apex bank stopped the charges. In a circular to all Deposit Money Banks posted on its website, the regulator said...
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    Business CBN New Policy Is Like Moving From Fry Pan To Fire - Manufacturers

    The Central Bank of Nigeria, CBN bowed to pressure by releasing a new foreign exchange policy in the country. The new policy is coming after the National Economic Council, NEC, urged for immediate review to stem the widening gap between the inter-bank foreign exchange and parallel market rates...
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    Business Naira Appreciates To 516/US$1 After CBN Eases FX Policy

    Nigerian naira on Tuesday gained rapidly against the United States dollar to 516 at the black market, 24 hours after the Central Bank of Nigeria adjusted the country's forex policy. On Monday, it crashed at the parallel market to N520 per United States dollar, even as the Central Bank of...
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    Business 5 Ways The New CBN Policy May Revive The Naira

    The Central Bank of Nigeria, CBN on Monday bowed to pressure by releasing a new foreign exchange policy in the country with immediate effect. The new policy is coming after the National Economic Council, NEC, urged for immediate review to stem the widening gap between the inter-bank foreign...
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