Tag: CBN
Senate probes CBN over N20trn unremitted stamp duties
The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20 trillion into the Federation Account…
CBN appoints new director
The Central Bank of Nigeria (CBN) has appointed Ahmed Bello Umar as the new Director, Currency Operations.
Police deny CBN robbery attempt
The Edo Police Command has denied reports of a robbery attempt at the Central Bank of Nigeria (CBN), Benin.
Forex intervention: CBN injects $311.5m, CNY15m
The Central Bank of Nigeria (CBN) made an intervention of 311.5million dollars in the Retail Secondary Market Intervention Sales (SMIS)…
1.1m farmers empowered through anchor borrowers programme – CBN
The Central Bank of Nigeria (CBN) says 1,140,854 farmers have participated in the production of 17 different agricultural products under…
Cashless policy: CBN clarifies transaction charges
The Central Bank of Nigeria (CBN) says the transaction charges on deposit and withdrawal in furtherance of the implementation of…
CBN, Greatest ally but there are challenges – EFCC boss Magu
The acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has described the Central Bank of Nigeria,…
CBN to Nigerians: Take all bad Naira notes to bank for new ones Monday
The Central Bank of Nigeria, CBN, has told Nigerians to take all their torn and mutilated Naira notes to the…
Buhari orders CBN to stop issuing FOREX for food importation
President Muhammadu Buhari Tuesday in Daura, Katsina State, disclosed that he has directed the Central Bank of Nigeria (CBN) to…
Forex Intervention: CBN injects $242m, 32.3m CNY into retail market
The Central Bank of Nigeria (CBN) on Friday injected the sum of 242.04 million dollars into the retail Secondary Market…
Anchor Borrower: 200 Abia maize farmers to benefit
The Central Bank of Nigeria (CBN) has approved a loan facility for at least 200 maize farmers in Abia under…
Re-capitalisation: Economist wants banks to ensure positive impact
An economist, Dr Boniface Chizea, has urged commercial banks and the Central Bank of Nigeria (CBN) to work together to…
Why Enugu residents must embrace its people-oriented products – CBN
The Central Bank of Nigeria (CBN) has urged Ebonyi residents to embrace its people-oriented products and programmes designed to positively…
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…