December 2024

CBN grants temporary access of $25,000 Weekly to BDCs on nFEM

The Central Bank of Nigeria has granted temporary permission to Bureau de Change operators to purchase up to $25,000 in foreign exchange weekly from the Nigerian Foreign Exchange Market which was launched earlier on December 1st. The arrangement will be in effect from December 19th, 2024, to January 30th, 2025. A circular dated December 19th, […]

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Cardoso presents 2024 statutory briefing to Senate

Governor of the Central Bank of Nigeria, Olayemi Cardoso has presented the 2024 statutory briefing to the Senate Committee on Banking, Insurance and Other Financial Institutions, stating that the CBN has achieved increased transparency and improved overall supply in the forex market. During the briefing on Thursday, Cardoso reiterated determination to improve cash availability to

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Cardoso poses five questions to Bankers At Maiden Retreat

Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso and his deputies attended their maiden Bankers’ Committee Annual Retreat on Friday in Abuja, themed “Contract And Commitment To National Development And Economic Growth”. Cardoso told the committee that solutions to challenging periods must be equally robust. “The work before us requires focus, innovation, and

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CITN Organizes workshop for Finance Journalists

The Chartered Institutes of Taxation of Nigeria (CITN) will on Wednesday, December 4, 2024, host a one-day workshop to enhance the knowledge of media practitioners and finance reporters, particularly members of the Finance Correspondents Association of Nigeria (FICAN). The event holds at the CITN office in Alausha, Ikeja, Lagos. The workshop ,aims to improve journalists

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