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CBN Orders banks to resume forex trading

June 15, 2023 Media Partner

CBN announces unification of FX windows, abolishes Naira4Dollar scheme The Nigerian Central Bank (CBN) has declared the unification of all segments of the Nigerian foreign exchange market. In…

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CBN Increases Interest Rate To 18.5% amidst hardship

May 24, 2023 Media Partner

CBN Increases Interest Rate To 18.5% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has unanimously decided to increase the monetary policy interest rate to 18.5%.…

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CBN finally Breaks silence after Supreme Court Order on New Naira Deadline

February 9, 2023 Media Partner

New naira: We didn’t anticipate challenges, CBN admits On Thursday, the Central Bank of Nigeria said that they hadn’t planned for the ongoing shortage of cash due to the redesign…

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Peter Obi breaks silence on new Naira notes, Tells Nigerians what to do

February 5, 2023 Omajemite Don

Peter Obi has told Nigerians to bear with the CBN and the federal government on the new Naira notes palaver. Peter Obi, the Labour Party (LP) presidential candidate, has urged…

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New Naira Notes , Why CBN Extends Deadline for Old Naira Notes

Business news

BREAKING: CBN Stops Withdrawals of New Naira Notes

January 7, 2023 Jake Clifford

CBN has banned the withdrawals of new naira notes again. The Central Bank of Nigeria has ordered Deposit Money Banks not to pay customers making over-the-counter withdrawals of…

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