Tag Archives: Corporate Communications Department at the CBN

In a move to check a brewing crisis in the country’s aviation sector, the Central Bank of Nigeria (CBN) on Friday released the sum of $265 million to airlines operating in the country, to settle outstanding ticket sales. A breakdown of the figure indicates that the sum of $230 million …

The Central Bank of Nigeria (CBN) has allayed fears on forex shortage and urged members of the public seeking to purchase foreign exchange for PTA, BTA, payment of tuition fees or medical fees to do so from their banks. The apex bank on Sunday made this call while announcing the …

The Central Bank of Nigeria has said it is giving one-year moratorium on all principal repayments for COVID-19 intervention loans through its participating other Financial Institutions with effect from March 1, 2020. The apex bank said this in a circular signed by the Director, Financial Policy and Regulation Department, Kevin …