Forex: CBN Restates Position on Bank Usage of Revaluation Gains
The Central Bank of Nigeria (CBN) has recently restated its position on how banks are allowed to utilize their forex (FX) revaluation gains referencing a previous circular dated September 11, 2023.
The bank stated that FX...
Forex: CBN Restates Position on Bank Usage of Revaluation Gains
The Central Bank of Nigeria (CBN) has recently restated its position on how banks are allowed to utilize their forex (FX) revaluation gains referencing a previous circular dated September 11, 2023.
The bank stated that FX...
CBN Targets Cryptocurrency To End Naira Depreciation
In response to the Nigerian government's increasing scrutiny of crypto businesses, Binance, the world’s biggest cryptocurrency exchange, has halted its operations in Naira.
The decision came after authorities in Africa’s biggest economy imposed restrictions on cryptocurrency exchanges as part...
CBN Targets Cryptocurrency To End Naira Depreciation
In response to the Nigerian government's increasing scrutiny of crypto businesses, Binance, the world’s biggest cryptocurrency exchange, has halted its operations in Naira.
The decision came after authorities in Africa’s biggest economy imposed restrictions on cryptocurrency exchanges as part...
CBN: 75% of OMO, Treasury Bills Were Bid By Foreign Investors
According to the Central Bank of Nigeria (CBN), over 75% of bids received during the auctions of government securities held on March 1 and 6, 2024, were from foreign investors, showcasing their growing interest...
CBN: 75% of OMO, Treasury Bills Were Bid By Foreign Investors
According to the Central Bank of Nigeria (CBN), over 75% of bids received during the auctions of government securities held on March 1 and 6, 2024, were from foreign investors, showcasing their growing interest...
