Tag: CBN
CBN injects $210m into Forex market
Central Bank of Nigeria (CBN) has injected 210 million dollars into the foreign exchange market (Forex) to meet customers’ requests…
Nigeria’s unbanked population stands at 37% – CBN
Barely two years to the 2020 target to reduce unbanked Nigerians to 20 per cent, the Central Bank of Nigeria…
CBN boosts forex market with $210 million
Mr Isaac Okorafor, Acting Director, Corporate Communications, Central Bank of Nigeria (CBN) said the apex bank boosted the foreign exchange…
CBN instrumental to Nigeria’s economic growth – Don
Dr Terhemba Wuam, an Associate Professor of Economic History with Kaduna State University, on Wednesday, commended the Central Bank of…
CACOL urges ICPC to query CBN over missing N55bn
The Centre for Anti-Corruption and Open Leadership (CACOL) has called on the Independent Corrupt Practices and Other Related Offences Commission…
Buhari appoints Shonubi as new CBN Deputy Governor
President Muhammadu Buhari has approved the nomination of Mr Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of…
Forex: CBN widens margin for BDCs by N3
The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin for operators of Bureau De…
Nigerian Govt initiated food grain scheme – CBN
The Central Bank of Nigeria ( CBN ) on Thursday told the House of Representatives that its 2016 food grain…
CBN resisted pressure to float Naira
Mr Isaac Okoroafor, the acting Director, Corporate Communications, Central Bank of Nigeria (CBN) says the apex bank resisted suggestions to…
CBN mandates BDCs to access foreign exchange window thrice weekly
The Central Bank of Nigeria (CBN) has made it mandatory for all the Bureau de Change (BDCs) operating in Nigeria…
CBN uplifts Forex market with $210m
Central Bank of Nigeria (CBN) has made available 210 million dollars to meet customers’ requests in various segments of the…
CBN boosts foreign exchange market with $210m
In another round of intervention, the Central Bank of Nigeria (CBN) on Tuesday injected 210 million dollars into the Inter-bank…
CBN releases N1 billion SMEs fund to Niger Govt.
The Central Bank of Nigeria (CBN), has released N1billion naira Micro Small and Medium Enterprises Development Fund (MSMEDF) to Niger…
Inadequate parking space at CBN HQ, a menace – Motorists
Some motorists in the FCT, have frowned at the indiscriminate parking of vehicles by workers of the Central Bank of…
CBN Signs $2.5bn Currency Swap Agreement with China
Nigeria's Central Bank of Nigeria (CBN) on Monday announced the execution of a bilateral currency swap agreement with the Peoples…
CBN debunks fire claim at headquarters
The Central Bank of Nigeria on Tuesday debunked claim of fire at its headquarters in Abuja, saying that it was…
CBN tasked on rate harmonisation as unemployment looms at BDC subsector
Alhaji Aminu Gwadabe, President, Association of Bureaux Des Change Operators of Nigeria (ABCON) has called on the CBN to harmonise…
Transactions in digital currencies not authorised by CBN – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) says transactions in digital currencies are not authorised by the Central Bank of Nigeria…
CBN injects $210m to sustain Forex market liquidity
The Central Bank of Nigeria (CBN), on Monday injected 210 million dollars into the inter-bank Foreign Exchange Market, in its…
CBN deputy governor nominee calls for Forex sources diversification
Mrs Aisha Ahmad, a nominee for deputy governorship of Central Bank of Nigeria (CBN) on Monday advocated non-oil exports-boosting policies,…
CBN injects $210m into forex market
The Central Bank of Nigeria (CBN) in its quest to guarantee the availability of foreign exchange for customers’ needs has…
Nigeria’s external reserves climb to $46 billion
The Central Bank of Nigeria (CBN) says Nigeria’s External Reserves is steadily growing and currently stands at 46 billion dollars.…
CBN injects $210m into foreign exchange market
The Central Bank of Nigeria (CBN) on Tuesday, gave a boost of 210 million dollars to the interbank foreign exchange…
Recognise NIMC slip for official transaction, Reps urge CBN
The House of Representative has urged the Central Bank of Nigeria (CBN) to recognise the slip issued by the National…
CBN cautions against investments in virtual currencies
As Nigerians continue to seek ways of making more money, the Central Bank of Nigeria (CBN) has cautioned against investments…
Cryptocurrencies: CBN warns Nigerians
The Central Bank of Nigeria (CBN) has again cautioned Nigerians to be wary of investments in cryptocurrency as they are…
CBN directs banks to settle customers’ complaints within 2 weeks
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to settle customers’ complaints on issues of…
Retirees call on CBN to review pension
The Central Bank of Nigeria (CBN) Pensioners’ Welfare Association has called on the bank’s governor to review its members’ pensions…
Apex bank wants Shell banks abolished in Nigeria
The Central Bank of Nigeria (CBN) has called for the abolition of shell banks in the country, saying they serve…
Forex market: CBN provides $55m for business, personal travels for customers
Nigerians requiring foreign exchange for Business and Personal Travel Allowances, tuition, medical fees and others can access from a 55…