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No processing fee on COVID-19 loans – CBN

The Central Bank of Nigeria (CBN) has dismissed claims on social media that small-scale businesses who apply for COVID-19 loans are required to pay...

Why we cut bank charges – CBN

The Central Bank of Nigeria (CBN) yesterday reduced all bank charges, with some getting more than 50 per cent cut, with effect from January 1, 2020.

CBN gives fresh insight on transaction charges

The Central Bank of Nigeria (CBN) says the transaction charges on deposit and withdrawal in furtherance of implementation of its cashless policy is on...

CBN injects $210m in forex market

The interbank segment of the Nigerian foreign exchange market received a fresh boost of 210 million dollars from the Central Bank of Nigeria (CBN) on Tuesday.

CBN fines four banks N5.87bn for illegally repatriating money for MTN

Central Bank of Nigeria has fined Standard Chartered Bank, Stanbic-IBTC, Citibank, and Diamond Bank N5.87bn for illegally repatriating money for MTN Nigeria

CBN orders banks to sell forex over the counter

The Central Bank of Nigeria (CBN) has authorised all commercial banks to sell foreign exchange to travellers Over The Counter (OTC) whether they operate...

Forex: CBN pumps $210m to lift market

The Central Bank of Nigeria (CBN) on Tuesday opened the foreign exchange market with the injection of another 210 million dollars to sustain liquidity. The...

CBN injects fresh $195m into currency market

Nigeria’s central bank said on Tuesday it had injected $195 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate...

Forex: CBN pumps $254 into retail segment

Players in the retail segment of the Nigerian inter-bank Foreign Exchange (FOREX) market received a 254.3 million dollars boost from the Central Bank of...

CBN injects $482.6m to lift naira

e The Central Bank of Nigeria (CBN) on Tuesday intervened in the inter-bank market to the tune of 482.6 million dollars in the first trading...

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