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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 releases cash, instructs banks to open Saturdays, Sundays

March 24, 2023 Omajemite Don

CBN instructs banks to open Saturdays, Sundays. As part of a concerted effort to facilitate the circulation of banknotes of various denominations, the Central Bank of Nigeria has instructed…

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CBN Begs Nigerians, vows to stop PoS ‘extra’ charges on New Naira

February 4, 2023 Omajemite Don

CBN beg Nigerians over the scarcity of new Naira notes. Godwin Emefiele, the governor of the Central Bank of Nigeria, has made an appeal to Nigerians for understanding and asserted…

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