cbn

  1. Iroka Chinedu

    Business Naira to remain stable on CBN interventions - Punch newspaper

    The naira is expected to remain stable against the United States dollar in coming weeks as the Central Bank of Nigeria continues to intervene in the foreign exchange market. The CBN on Wednesday injected $210m into the foreign market, about a week after it injected $200m into the market...
  2. Iroka Chinedu

    Business CBN injects fresh $210m into forex market - Punch newspaper

    The Central Bank of Nigeria has intervened with another sum of $210m in the foreign exchange market to meet the requests of customers, as the regulator continues its efforts to maintain a stable exchange rate for the naira. A breakdown of the figures obtained from the bank in Abuja on Tuesday...
  3. Iroka Chinedu

    Politics FG clears air on whereabouts of recovered looted funds - vanguard news

    The Federal Government has made clarification on the confusion trailing the whereabouts of recovered looted funds, insisting that they were being paid into dedicated accounts with the Central Bank of Nigeria, CBN. Vanguard reports that discrepancies in the figures released to the media by...
  4. Iroka Chinedu

    Metro MPC predicts fragile but promising growth – The Nation Ng

    The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has predicted a fragile economic growth for 2018. To achieve this fragile but promising growth, the Committee urged “the government to initiate strong stabilisation programmes and freeze the growth in its aggregate...
  5. Iroka Chinedu

    Politics Alleged $49.8bn unremitted oil funds: Why Diezani was not indicted—Makarfi – Vanguard news

    Nearly five years after the allegation by then governor of Central Bank of Nigeria, CBN, now Emir of Kano, Lamido Sanusi, that Nigerian National Petroleum Corporation, NNPC, failed to remit about $49.8 billion into the Federation Account, Senator Ahmed Makarfi has given insight into why former...
  6. siteadmin

    Politics CBN Dep Gov Nominees, Others Undergo Senate C’ttee Screening – Thisdaylive

    Likely to be confirmed on Wednesday Damilola Oyedele in Abuja The Senate Committee on Banking and Financial Institutions, on Monday screened President Muhammadu Buhari’s nominees for Deputy Governors of the Central Bank of Nigeria (CBN), Mrs. Aisha Ahmad and Mr. Edward Adamu. The committee also...
  7. siteadmin

    Politics Senate gives c’ttee one week to screen 4 MPC members, CBN dep gov – Vanguard News

    THE Senate has mandated its Committee on Banking and other Financial Institutions to screen nominees for appointment as members of the Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, within the next one week. MEETING: From left, Governor, Central Bank of … --Read more...
  8. siteadmin

    Politics We Can’t Provide Information On Buhari’s Treatment – CBN – Nairaland

    Why we can’t provide information on Buhari’s treatment – CBN Posted By: Eric Ikhilae, Abuja The Governor of Central Bank of Nigeria, Godwin Emefiele, on Thursday explained why the apex bank cannot provide information on the funds used to defray the cost of President Muhammadu Buhari’s treatment...
  9. curator

    Business Forex: CBN injects $325.64m into SMIS – Vanguard News

    – The Central Bank of Nigeria (CBN) has injected $325.64 million into the Retail Secondary Market Intervention Sales (SMIS). Emefiele CBN Governor Figures obtained from the bank at the weekend indicated that the amount released was for requests in the agricultural, airlines, petroleum products...
  10. siteadmin

    Business Senate Summons CBN Governor, Banks’ CEOs Over Arbitrary Charges – Leadership Nigeria

    Senate has asked Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, his officials and chief executives of commercial banks, as well as other stakeholders including forensic auditors to appear before it and proffer answers to arbitrary financial charges issued to customers. The...
  11. curator

    Business CBN modifies list of 41 banned items excluded from official FX market – Nairametrics

    Godwin Emefiele, Governor, Central Bank of Nigeria Manufacturer’s in the country have one less thing to worry about as the Central Bank of Nigeria CBN has reinstated 36 raw materials that were removed from the official foreign exchange window in May 2015. President of the Manufacturers...
  12. curator

    Business INVESTIGATION: How CBN’s N220 billion fund for small businesses is shrouded in secrecy,...

    Four years after the Central Bank of Nigeria launched the N220 billion Micro, Small and Medium Scale Enterprises Development Fund (MSMEDF), disbursement of the fund is still shrouded in secrecy. Favour Okoro runs a small tailoring and fashion designing shop along Okumagba Avenue, a busy...
  13. curator

    Business CBN’s Forex Policy Helped Nigeria Exit From Recession – Gwadabe –

    The President, Association of Bureau de Change Operators of Nigeria, Alhaji Aminu Gwadabe in this interview says the foreign exchange rate might hit N400 per dollar if spike is not curtailed. He further urged regulatory bodies to fine-tune policies to aid the association’s collaboration with...
  14. curator

    Business CBN injects $210 million into foreign exchange market –

    The Central Bank of Nigeria (CBN) has injected another 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments. Giving a breakdown of the intervention, the bank’s acting Director, Corporate Communications, Isaac Okorafor, on Monday in Abuja...
  15. curator

    Business CBN boosts agriculture, airlines, petroleum, others, with $262.5m forex.

    HOPE MOSES-ASHIKE The Central Bank of Nigeria (CBN) on Friday bolstered activities in the agricultural, airlines, petroleum products and raw materials and machinery sectors with a total of $262.5 million in the inter-bank Foreign Exchange Market. The intervention was the CBN’s first Retail...
  16. curator

    Business Delta: CBN launches Financial Inclusion policy.

    Policy will reduce poverty by 20 percent – SSG With a drive targeted at reducing income inequality and boosting economic growth, the Central Bank of Nigeria (CBN), yesterday launched a financial inclusion policy in Delta State. Emefiele CBN Governor A Financial Inclusion State Steering Committee...
  17. curator

    Business CBN sets fresh target for Nigerian banks

    The Central Bank of Nigeria, CBN, has set state-by-state target for the 21 commercial banks and 942 Micro finance banks in the country to ensure that every Nigerian adult has access to financial services. Elizabeth Agu, the CBN Branch Controller, Federal Capital Territory, made this known on …...
  18. RemmyAlex

    Business BDC: 7 Recipes For A Stronger, Stable Naira in 2018

    The Association of Bureaux De Change Operators of Nigeria on Wednesday listed recipes for a stronger naira and a more stable exchange rate in 2018. Alhaji Aminu Gwadabe, President of ABCON, said the recipes were agreed at a meeting of the operators in Lagos. Gwadabe urged the CBN to ensure the...
  19. J

    Metro Emir Sanusi's First Son Joins Nigeria Police

    Aminu Sanusi, first son of Muhammad Sanusi II, emir of Kano, has joined the Nigeria Police Force (NPF). The prince, who has a degree in accounting from the University of Buckingham, UK, graduated from the Plateau academy of the police with the rank of assistant superintendent of police (ASP)...
  20. RemmyAlex

    Business CBN Injects $195m into Forex Market

    The Central Bank of Nigeria (CBN) on Monday injected the sum of $195 million into the interbank foreign exchange (forex) market. Figures obtained from the Bank indicated that the central bank offered $100 million to authorised dealers in the wholesale segment of the market, while the small and...
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