Tag: CBN
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CBN Seeks Investors with the Sale of N1.64 trillion in Treasury Bills
Treasury bills valued at N1.64 trillion were up for auction by the Central Bank of Nigeria (CBN).
The higher stop rates offered, according to...
CBN Lifts the PAPSS Trade Payment Services Cap
Limits on trade and payment services transactions on the Pan African Payment and Settlement System (PAPSS) have been lifted by the Central Bank of...
CBN urged by NACCIMA to handle unfulfilled OPS FX requests
The clearing of a $7 billion foreign exchange (FX) backlog by the Central Bank of Nigeria (CBN) has been praised by the Nigerian Association...
Nigeria’s “Oil Curse”: ‘Paradox of Plenty’ or ‘Poverty of Paradox’?
Nigeria is blessed with vast natural resources and rich environments. It is generously endowed with productive land and valuable natural resources, which include renewable...
CBN has discovered new foreign exchange scam amounting to $2.4 billion
The head of the Central Bank of Nigeria, Yemi Cardoso, said that law enforcers are looking into foreign exchange deals worth about $2.4 billion.
Cardoso...
