CBN Approves Dollar Sales By Payment Service Banks
The Central of Nigeria (CBN) has released supervisory framework for Payment Service Banks. The framework among other things empowered the PSB operators to sell foreign currencies, especially dollars, to authorised foreign exchange dealers.
The CBN framework also authorised...
CBN Urges FG To Prioritise Investment In Infrastructure
The Central Bank of Nigeria has urged the Federal Government to prioritise investment in infrastructure to improve the country’s business environment and boost economic growth.
Mr Godwin Emefiele, the CBN Governor made the call Tuesday night in Abuja...
Foreign Reserves Gained $1.85bn In One Month – CBN
The nation’s foreign reserves rose by $1.85bn to $44.728bn as of April 12 from $42.87bn in March 12, according to latest statistics from the Central Bank of Nigeria.
The value, rose from a value of $43.041bn in...
