Custodians of Truth

Tag: Nigeria's apex bank

CBN lifts Forex Ban on 43 Items, set to Intervene in FX Market

The Central Bank of Nigeria (CBN) announced the lifting of the 43-item forex embargo and pledged to occasionally intervene in the FX market. The items had been prohibited from getting FX from the I&E window by the apex bank in […]

Naira Redesign not Economic Priority — CISLAC

Given the country’s current economic woes, the Civil Society Legislative Advocacy Center claims that the Central Bank of Nigeria’s proposal to redesign the 200, 500, and 1,000 naira notes is not a top priority for the economy. Auwal Musa, the […]