The Central Bank of Nigeria (CBN) has stated that it would issue N512.7 billion worth of…
CBN
CBN advises cashless transactions to avoid spread of coronavirus
Central Bank of Nigeria (CBN) has advised Nigerians to forego cash transactions and adopt alternative payment…
Banks to commence charges on transaction above N500,000
Banks across the country will on April 1 start imposing charges for cash transactions above N500,…
CBN gets new Deputy Governor
Kingsley Obiora has assumed duty as Deputy Governor of the Central Bank of Nigeria (CBN). He…
CBN clarifies new rule on domiciliary account
The Central Bank of Nigeria (CBN) on Sunday said customers can deposit dollar into their domiciliary…
FOREX reserves drop to $36.69bn
The country’s foreign exchange reserves continued its downward trend as it dropped by $1.64bn from $38.34bn…
CBN refunds customers with over N60bn
The Central Bank of Nigeria (CBN) on Thursday said it has so far recovered over N60…
IMF advices CBN to end forex intervention
The International Monetary Fund (IMF) on Monday lauded the Federal Government on its economic reform policies,…
Rice farmers to get single digit loan from CBN
The Central Bank of Nigeria said it would offer single-digit loan to rice farmers in the…
CBN lends N662bn to banks for liquidity control
The CBN’s Economic report for last November 2019 has shown that Commercial and merchant banks accessed…
IMF warns Nigeria against rising debts
The IMF Senior Resident Representative and Mission Chief for Nigeria, Mr Amine Mati, has said that…
CBN takes savings campaign to schools
The Central Bank of Nigeria with the Bankers Committee has taken its savings culture awareness campaign…
Investors storm stock market as CBN changes policy on treasury bills
The CBN recently barred local investors from participating in its treasury bill auctions in a bid…
Treasury bills’ interest rates drop to single digits
The interest rates on treasury bills have crashed further, closing in the single digit region at…
CBN restricts non-financial firms and individuals from bonds purchase
The Central Bank of Nigeria has barred individuals and local non-financial firms from buying high-yielding central…
IMF advises CBN to unify exchange rate
The International Monetary Fund has advised the Central Bank of Nigeria to unify the country’s exchange…
CBN Targets 70,000 Farmers under ABP in Borno
The Central Bank of Nigeria (CBN) has said it is targeting about 70, 000 farmers and…