CBN Deputy Gov. retires, urges bank to sustain credibility
Dr Sarah Alade, the Deputy Governor, Economic Policy, Central Bank of Nigeria (CBN) who retired on Wednesday, urged the Governor of the apex bank to uphold the credibility of the bank.
Newly introduced foreign exchange policy will strengthen naira — CBN
The newly introduced foreign exchange policy by the Central Bank of Nigeria (CBN) will help shore up the naira, an official of the bank has said.
Forex: CBN, banks to verify tax clearance certificates, flight tickets
As part of measures to implement the new foreign exchange measures to address the depreciation of the naira in the parallel market, the Central Bank of Nigeria, CBN, and commercial banks will collaborate with state governments to verify tax clearance certificates.
Forex: CBN disburses $2.8bn in 2 months
The Central Bank of Nigeria (CBN) has disbursed the sum of $2.83 billion for utilization in the critical sectors of the economy in the last two months of December 2016 and January 2017.
E-payment transactions rose to N51.8trn in 2016 – CBN
The Central Bank of Nigeria (CBN) yesterday said that value of electronic transactions rose by four percent to N51.8 trillion in 2016.
NECA attacks CBN over N50 stamp duty
NIGERIA Employers Consultative Association, NECA, umbrella body for employers in the country, yesterday, berated Central Bank of Nigeria, CBN, over its failure to comply with the Court of Appeal’s ruling directing all Deposit Money Banks, DMB, to discontinue the illegal charging of N50 per transaction in lieu of Stamp Duties.
