CBN Retains Monetary Policy Rate at 27.5%
CBN’s Monetary Policy Committee has maintained MPR at 27.5% after its 300th meeting on Tuesday. The Monetary Policy Committee (MPC)…
PAPSS Applauds CBN’s New Policy Streamlining Cross-Border Payment Documentation
PAPSS welcomes CBN’s circular streamlining documentation for cross-border transactions, enhancing seamless payment flows across African borders from Nigeria. The management…
CBN Revises Documentation Requirements For PAPSS Transactions
The CBN also stated that Authorized Dealer Banks (ADBs) can now source foreign exchange for PAPSS settlements directly from the…
CBN Injects $197.71m to Stabilize FX Market Amid Naira Pressure
In a bid to shore up dollar liquidity and calm the rising storm in the foreign exchange market, the Central…