Central Bank of Nigeria CBN

The Naira at the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, depreciated by 4.28 per cent to close at N1,479.47 against the dollar on Thursday from N1418.78 reported Wednesday. The local currency depreciated on Thursday…

Efforts to grow the economy have seen the Central Bank of Nigeria (CBN) disburse N2.1 trillion to 426 projects under the Real Sector Support Facility Initiative to create an export-ready market. Osita Nwanisobi, Director of Corporate…

The Central Bank of Nigeria(CBN) has denied issuing a policy withdrawal of the “Form A” Discounted rate, with effect from December 31, 2022.   Form A, an application form designed by the CBN to pay for service transactions (invisible…