![]({"jaw_blog-16_9-small":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/07\/Dollar-Naira-170x95.jpg","width":"170"},"jaw_blog-16_9-middle":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/07\/Dollar-Naira-270x152.jpg","width":"270"},"jaw_blog-16_9":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/07\/Dollar-Naira-475x267.jpg","width":"475"}})
Naira at N378 to aD ollar as CBN rolls over N47.6bn NTB
The Nigerian currency on Tuesday strengthened slightly against the US dollar across foreign exchange markets. At the Bureau De Change (BDC) segment an...
Central Bank of Nigeria
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Nigeria’s central bank returns N60 billion excess charges by banks to customers
The Central Bank of Nigeria (CBN) said it has recovered over N60 billion excess charges imposed by banks on customers and returned the money to the ow...
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Nigeria’s president Buhari “orders” Central Bank to stop providing FX for food
Nigeria’s President Muhammadu Buhari has told the central bank to stop providing funding for food imports, his spokesman said in a statement on Tuesda...
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Nigeria’s central bank awards financial services licence to MTN subsidiary
A subsidiary of MTN Nigeria has been awarded a licence by the country’s central bank that would allow it to provide financial services, the telecoms f...
BREAKING: Nigeria’s Central Bank confirms license of three new banks in Nigeria
The Central Bank of Nigeria (CBN) has finally confirmed the licensing of three new banks. This is revealed in the information obtained from the websit...
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Nigeria’s Central Bank to ban $1.2b yearly ForEx for milk, other dairy products
Central Bank of Nigeria (CBN) might have concluded plans to add milk and other dairy products to items on the foreign exchange restriction list with a...
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Lend or face sanctions, Nigeria’s Central Bank threatens Nigerian banks.
Nigeria’s central bank will try to force banks to lend more or face higher cash reserve requirements, part of a series of measures aimed at reviving a...
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Central Bank of Nigeria disburses N607 billion to fund agricultural projects
Recent figures obtained from the Central Bank of Nigeria (CBN) have shown that the apex bank disbursed the sum of N607.87 billion credit to some Depos...
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Nigeria’s Central Bank directs banks to provide funding for producers of cashew, palm oil
The Central Bank of Nigeria (CBN) has directed banks to commence funding for small holder farmers and companies producing five products under its expo...
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Nigeria’s Central Bank finally “floats” the Naira
The Central Bank of Nigeria (CBN) has declared that Nigeria currency (Naira) exchange rate is now floated, which implies that the Naira exchange rate ...