Tag: CBN
Customs duty exchange rate drops to ₦1,364/$
The new rate is effective as of today March 28, 2024 on the Customs portal.
CBN introduces FX price verification system portal for importers
The Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX) price verification system (PVS) portal to…
How to Stay Safe from Threats Piercing the Nigeria Digital Financial Services (DFS)
According to experts in the financial sector, Nigeria loses about N200 billion per year to cybercrime. Today, more…
CBN to sanction shipping lines exporting undocumented cargoes
The Central Bank of Nigeria (CBN) has threatened to sanction shipping companies exporting undocumented cargoes from the country.…
Non-oil exporters repatriated $4.99bn in 2022 – Emefiele
The Central Bank of Nigeria said that non-oil exporters repatriated the sum of $4.99 billion into Nigeria in…
Buhari unveils new naira currency notes
President Muhammadu Buhari has unveiled the new currency notes on Wednesday morning before the federal executive council (FEC)…
Nigeria’s Digital Currency “eNaira” Explained, Plus 20 Things to Note
While Nigeria’s Central Bank Digital Currency (CBDC), eNaira, has kicked off and already playing into the country's economy, many…
100 for 100 Policy: CBN Disburses N23.2bn to 28 Manufacturers across the country
The Central Bank of Nigeria (CBN) has disbursed a total of N23.20 billion to 28 companies whose projects…
Questions & Answers on Nigerian Currency (₦) Naira
We took a look at quick current affairs on Nigerian Naira. These questions and answers will guide you…
History and Evolution of Banking in Nigeria
The origin of modern banking in Nigeria dates back to 1883 when the African banking corporation was established…
8 Things To Know About Milk And Dairy Products Importation In Nigeria
The Central Bank of Nigeria recently announced some changes regarding the Importation of milk and it's derivatives