Tag: Central Bank Of Nigeria
Nigeria’s Naira slumps 0.75 %, exchanges N194 to $USD
Nigeria’s naira fell 0.75 percent in volatile trades against the dollar shortly after the forex market opened as demand for…
Naira in big fall at forex market
The Naira on Friday depreciated against the dollar as it traded at N208 from the N191.50 it sold for on…
CBN keeps lid on interest, naira rates
Nigeria’s central bank kept its policy rate at 13 percent on Tuesday, offering no new measures to deal with a…
Naira plunges further
Nigerian naira ended Tuesday at a record closing low of 189.20 against the dollar ahead of the first central bank…
Reuters: Another Naira devaluation looms
*Nigeria’s Foreign reserves drop 20 per cent, year-on-year *Naira plunges to N191.85 to dollar, worst official level in history Nigeria’s…
CBN sells N134.57bn worth of treasury bills
The Central Bank of Nigeria (CBN) on Thursday said that it sold N134.57 billion worth of treasury bills at Primary…
Emefiele, new CBN Governor to unveil agenda
The new Central Bank of Nigeria governor, Godwin Emefiele, would on Thursday unveil the agenda of the apex bank under…
Skye Bank Bids For New Bank
Skye Bank Plc has indicated interest in acquiring a new generation bank, Timothy Oguntayo, the Group Managing Director of the…
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Sanusi vs Jonathan : Court declines jurisdiction
Nnamdi Felix/ Abuja A Federal High Court in Abuja, the Nigerian capital, has declined jurisdiction to determine whether President Goodluck…
PCIDSS: CBN issues Nov. 30 deadline to banks
The CBN has urged commercial banks, switches and processors to be Payment Card Industry Data Security Standards (PCIDSS) certified by…
Traders want CBN to increase circulation of lower denomination Naira notes
Some traders in Lagos have appealed to the Central Bank of Nigeria (CBN) to ease their transactions with customers by…
CBN charges for currency sorting when banks fail to do so
The Central Bank of Nigeria (CBN) says it does not charge Deposit Money Banks (DMBs) for Currency Sorting Services for…
About 67.5 per cent of Nigerians don’t have bank accounts
The Managing Director of Unity Bank Plc, Henry Semenitari, said in Abuja that only about 32.5 per cent of people…
New CBN governor-designate vows economic stability
Nigeria’s new central bank governor-designate on Wednesday vowed to ensure economic stability to create jobs and boost growth, as lawmakers…
Fire fighters save Central Bank building
The timely intervention of the Federal, State and private fire services on Tuesday evening saved the old headquarters of the…