Forex complains: CBN releases telephone line
The Central Bank of Nigeria (CBN) has released an emergency mobile phone line for customers denied access to foreign exchange by banks for medical bill and school fees.
Why cost of doing business is high – CBN
The Central Bank of Nigeria, CBN, weekend stated why the cost of doing business in the country is very high, stressing that it is a component of many factors and not interest rate alone as generally perceived.
NCC, CBN halt Etisalat’s takeover
Lagos – The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have got reprieve for Etisalat on the loan default crisis facing the company.
CBN sells $367m to boost forex supply
The Central Bank of Nigeria, CBN, yesterday, continued its intervention in the interbank foreign exchange market by selling another $367 million to meet forwards request of customers.
Police, CBN arrest 12 new Naira notes vendors
LAGOS—Twelve Naira notes vendors have been arrested in a joint raid by officials of the Central Bank of Nigeria, CBN and Operatives of Lagos State Criminal Investigation and Intelligence Department, SCIID, Yaba.
CBN orders banks to process retail forex demand within 24 hours
The Central Bank of Nigeria (CBN) yesterday ordered banks to process foreign exchange demand for Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) in all their branches within 24 hours.
