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    Kapital FM 92.9 The Station that Rocks!

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3 Results / Page 1 of 1

Business

Forex Market : CBN Lifts Ban On All 43 Items

The Central Bank of Nigeria has removed the restriction it placed on access to official foreign exchange market for importation of 43 items, 9 years after. The statement assures that the apex bank will continue to intervene at the official foreign exchange market to meet the rising demand. It says the CBN is actively working to address the existing backlog of foreign exchange transactions. Although the value of the naira […]

todayOctober 13, 2023

National

Breaking: UAE Lifts Visa Ban On Nigerians 

After President Bola Ahmed Tinubu's intervention, the United Arab Emirates (UAE) has lifted the visa ban imposed on Nigerian travelers. The ban, which was set about 10 months ago had affected the movements of Nigerians who were frequent travelers to the Middle East country for business tourism and relaxation.    The Presidential spokesperson, Ajuri Ngelale in a statement on Monday, disclosed that the meeting with the UAE authorities was very […]

todaySeptember 11, 2023

Business

CBN Lifts Ban On Bamboo, Nairabet, AbokiFX, 437 Accounts

The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit means that all debit transactions, including ATMs and cheques, on the accounts have been blocked but can receive inflows. The circular, signed by A.M. Barau on behalf of the CBN director of banking supervision, on Tuesday, also instructed banks to notify the concerned customers of […]

todayJuly 26, 2023