Tag: CBN
Buhari orders CBN to blacklist firms still importing palm oil
President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught…
CBN identifies smuggling, dumping as major economic sabotage in Nigeria
The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the bank, with some stakeholders, have identified smuggling…
Emefiele begins second tenure as CBN Governor
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Monday began his second tenure, following the confirmation…
Emefiele’s reappointment: A good omen for Nigeria’s economy – Expert
Prof. Uche Uwaleke, Professor of Finance and Capital Markets, Nasarawa State University, Keffi said the reappointment of Godwin Emefiele as…
Nigeria ready for business, Emefiele tells investors
The Central Bank of Nigeria (CBN) has assured investors and the international community that the country having gone through a…
Global Accelerex bags CBN award
One of Nigeria's leading payment terminal service provider and payment solution service provider, Global Accelerex Limited, has been rewarded for…
Lending rate slash: Experts commend CBN
Two financial experts, Dr Samuel Nzekwe and Dr Titus Okurounmu, on Wednesday commended the Federal Government for reducing the benchmark…
CBN cuts lending rate
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has cut down the benchmark lending rate from…
CBN applauds Ecobank’s sustainability efforts
The Central Bank of Nigeria (CBN) has recognized and awarded Ecobank Nigeria on its laudable sustainability and Corporate Social Responsibility…
CBN’s Interventions in Real Sectors not yielding result – Group
A rights group, the United Action Towards Building Institutions in Nigeria (UATBIN) has decried that various interventions the Central Bank…
Video: INEC Dispatches Election Materials In Edo
17 box of voting materials were today dispatched at the CBN office in Akpakpava, Benin City, to various local government…
Elections shift: INEC retrieves sensitive materials from LGs to CBN in Lagos
The National Electoral Commission (INEC) in Lagos State, on Sunday said it had retrieved all sensitive materials for the rescheduled…
Kwara: INEC returns sensitive materials to CBN
The Independent National Electoral Commission (INEC) in Kwara on Saturday returned sensitive materials to the Central Bank of Nigeria (CBN),…
CBN injects $210 million into currency market
The Central Bank of Nigeria, CBN, on Tuesday said it has injected $210 million into the interbank foreign exchange market.
CBN injects $289m into retail secondary Forex Market
In another round of intervention, the Central Bank of Nigeria (CBN) on Friday injected 289.76 million dollars in the retail…
CBN issues bank notes fitness guidelines to commercial banks, others
The Central Bank of Nigeria (CBN) on Wednesday issued banknotes fitness guidelines to commercial and micro finance banks to sustain…
CBN defends stance on foreign exchange restriction on 42 items
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Tuesday said the bank’s policy to restrict importers of…
Financial inclusion: CBN unveils new policy to capture the unbanked
The Central Bank of Nigeria (CBN), on Thursday unveiled the National Financial Inclusion Strategy designed to ensure that at least…
CBN injects $210 million into currency market
Nigeria’s Central Bank said on Tuesday it had injected $210 million into the inter-bank foreign exchange market, as it seeks…
Nigerians project rise in inflation in next 12 months — CBN report
Some Nigerians have projected rise in inflation and borrowing rates as well as naira appreciation in the next 12 months.…
Unity Bank wins CBN ‘Sustainable Transaction of the Year in Agriculture’ Award
Unity Bank Plc has won the Central Bank of Nigeria (CBN) 2018 sustainable banking award, clenching the award for ‘Sustainable…
$8.1billion forex palaver: MTN, CBN reach settlement
Akin Kuponiyi A Federal High Court sitting in Lagos has adjourned till December 12, 2018 for report of amicable settlement,a…
MTN, CBN in talks to settle $8.1 billion dispute
South African telecoms firm, MTN Group and Nigeria’s Central Bank are in talks to settle an $8.1 billion dispute, their…
Breaking: CBN grants Diamond bank approval to operate as National bank
The Central Bank of Nigeria (CBN) has granted Diamond Bank Plc, approval to operate as a national bank following its…
CBN’s monetary policy inhibiting growth of SMEs
Edo State Government on Thursday said that the Central of Bank of Nigeria (CBN)'s monetary policy of high interest rates…
Nigeria records reduction in rice importation – CBN
The Central Bank of Nigeria (CBN), says the volume of rice importation into Nigeria (in metric tonnes) has declined drastically…
CBN injects $337.16m, 56.17m CNY into SMIS
The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention…
Alleged $8.1bn repatriation: MTN vs CBN case adjourned till Dec. 4
A Federal High Court in Lagos has adjourned till Dec. 4, hearing in a dispute between MTN Nigeria and the…
CBN injects $337m, CNY53m into Inter-Bank Forex Market
In another round of intervention, the Central Bank of Nigeria (CBN), on Friday, injected over 337 million dollars in the…
CBN urged to enforce ban on sale of new Naira notes
Prof. Ishaq Akintola, the Director of Muslim Rights Concern (MURIC), an NGO, has urged the Central Bank of Nigeria (CBN)…