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central bank of nigeria (cbn) news

  1. Nigeria Business News

    Business CBN clears air on Diaspora Remittances, official inflows $2.6bn not $26bn – Nairametrics

    The Central Bank of Nigeria (CBN) has disclosed that the official inflows of the remittances of Nigerians living abroad to the country was $2.6 billion and not $26 billion as quoted in some quarters..... Read more via Nairametrics – https://ift.tt/2IO16w9 Get more: Nigeria Business News
  2. Nigeria Business News

    Business IMF says investors’ wait-and-see attitude and depressed private consumption keep Nigeria’s economic recovery at a slow pace – Pulse Nigeria News

    A slow economic recovery is continuing, inflation is falling, and external buffers are declining in the face of increased portfolio outflows. Elevated fiscal deficits rely on central bank financing, which complicates monetary policy...... Read more via Pulse Nigeria News –...
  3. Nigeria Political News

    Politics I Was Asked To Reject Buhari’s Appointment ‘Because There’s No Money’ – Soludo – Nairaland

    Chukwuma Soludo, former governor of Central Bank of Nigeria (CBN), has disclosed how one of his friends asked him to reject the appointment into the economic advisory council..... Read more via Nairaland – https://ift.tt/2mB4z9g Get More Nigeria Political News
  4. Nigeria Business News

    Business Read what you lose for deposits or withdrawals above N500K – P.M. News

    Banks have notified customers about the extra cash they will lose to the treasury when they make cash withdrawals above N500,000 as individuals or N3million as companies in six states and Abuja.... Read more via P.M. News – https://ift.tt/2Ig74Wi Get more: Nigeria Business News
  5. Nigeria Business News

    Business Emefiele: Border Closure Positive for Economy – Thisdaylive

    The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele Thursday expressed appreciation to the federal government for the recent border closure, noting that it had yielded positive results for the economy, particularly agriculture..... Read more via Thisdaylive –...
  6. Nigeria Business News

    Business Central Bank Of Nigeria To Increase Charges On PoS Transaction – Sahara Reporters

    The Central Bank of Nigeria has directed the strict implementation of Merchant Service Charge, which would impose more charges on all point of sale (PoS) transactions... Read more via Sahara Reporters – https://ift.tt/30d9lfW Get more: Nigeria Business News
  7. Nigeria Political News

    Politics What Osinbajo told us about Buhari’s new economic council, EMT – Gov Yahaya – Daily Post Nigeria

    The National Economic Council (NEC), comprising the Vice President, 36 state governors, governor of the Central Bank of Nigeria, Minister of Finance, Secretary to the Government of the.... Read more via Daily Post Nigeria – https://ift.tt/34U0i25 Get More Nigeria Political News
  8. Nigeria Business News

    Business CBN imposes additional charges on transactions on individual bank accounts – Premium Times Nigeria

    Effective Wednesday, September 18, cash deposits and withdrawals from individual bank accounts are to attract addition charges, the Central Bank of Nigeria said on Tuesday..... Read more via Premium Times Nigeria – https://ift.tt/2IqIzG7 Get more: Nigeria Business News
  9. Nigeria Business News

    Business CBN to issue N1 trillion treasury bills by fourth quarter 2019 – Nairametrics

    The Central Bank of Nigeria (CBN) has published its Treasury Bills programme for July – September of 2019, indicating that it planned to raise about ₦1 trillion in cash. The disclosure was made by the Central Bank in the Treasury bill programme document… Read more via Nairametrics –...
  10. Nigeria Business News

    Business “Come And Deposit Your Bad Naira Notes In Bank By Monday” – CBN Tells Nigerians – Naijaloaded

    The Central Bank of Nigeria has asked Nigerians to bring all their mutilated Naira notes to any bank branch closer to them. The Central Bank of Nigeria has directed Nigerians to deposit mutilated Naira notes in any bank branch closer to them.... Read more via Naijaloaded –...
  11. Nigeria Business News

    Business GTBank’s Segun Agbaje shares his thoughts on CBN’s loan policies – Nairametrics

    Nigerian billionaire and Chief Executive Officer of Guaranty Trust Bank Plc, Segun Agbaje, granted an interview to Arise TV earlier today during which he shared his thoughts on the various moves by the..... Read more via Nairametrics – https://ift.tt/2Ucq395 Get more: Nigeria Business News
  12. Nigeria Business News

    Business CBN tightens noose on milk importation – Newtelegraph

    The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) in the country to stop the processing of milk and its related products on “Bills for Collection basis,” which allowed the importer to buy on credit.... Read more via Newtelegraph – https://ift.tt/2MJFIeP Get more...
  13. Nigeria Business News

    Business Banks responsible for N1.79tn non-performing loans – AMCON boss – Naijabizcom

    Deposit money banks (DMBs) in the country are largely responsible for the huge portfolio of over N1.79trillion non-performing loans, the Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru has said..... Read more via Naijabizcom – https://ift.tt/2ZuZCfv Get...
  14. Nigeria Business News

    Business CBN Injects $297.92 Into Secondary Market – Nairaland

    The Central Bank of Nigeria (CBN), has injected 297.92 million dollars into the retail Secondary Market Intervention Sales (SMIS). The bank’s Director, Corporate Communications Department, Mr Isaac Okorafor made this known in a statement in Abuja on Friday.... Read more via Nairaland –...
  15. Nigeria Metro News

    Metro President Buhari: We’ve invested about N1.3 trillion on education since 2015 – TODAY

    President Muhammadu Buhari says his administration has invested close to N1.3 trillion in the education section since he came into office in 2015. The figure is exclusive of funds spent on overhead and.... Read more via TODAY – https://ift.tt/2Zat27n Get More Nigeria Metro News
  16. Nigeria Business News

    Business 5 things Buhari’s new Finance Minister must do within 100 days – Nairametrics

    Nigeria’s President Muhammadu Buhari will likely assign portfolios to ministers this week. Among the most anticipated appointments will be the office of the Minister of Finance. ... Read more via Nairametrics – https://ift.tt/30eswBS Get more: Nigeria Business News
  17. Nigeria Business News

    Business Stakeholders seek clarification of forex ban for food import – Naijabizcom

    Industry stakeholders have called for further clarification on the recent pronouncement by President Muhammadu Buhari that Nigeria has attained food security, and as such, the Central Bank of Nigeria (CBN), should not.... Read more via Naijabizcom – https://ift.tt/2z3lxjj Get more: Nigeria...
  18. Nigeria Metro News

    Metro Apply same measure to Dangote – Ali Baba reacts to Buhari’s order to CBN on forex, food importation – Daily Post Nigeria

    Popular Comedian, Alibaba has reacted to President Muhammadu Buhari’s warning to the Central Bank of Nigeria, CBN, to stop providing foreign exchange for importation of food into the country.... Read more via Daily Post Nigeria – https://ift.tt/2Z3u3NX Get More Nigeria Metro News
  19. Nigeria Political News

    Politics No forex for food importation, Buhari directs CBN – Premium Times Nigeria

    President Muhammadu Buhari has directed the Central Bank of Nigeria not to provide foreign exchange for the importation of food, saying his administration has achieved food security.... Read more via Premium Times Nigeria – https://ift.tt/2yXGKew Get More Nigeria Political News
  20. Nigeria Political News

    Politics President Buhari Issues Stern Warning To CBN, Meets APC Governors – Nairaland

    President Muhammadu Buhari, Tuesday, in Daura, Katsina State, has disclosed that he has warned the Central Bank of Nigeria (CBN) to stop providing foreign exchange for importation of food into the.... Read more via Nairaland – https://ift.tt/2OSdXmh Get More Nigeria Political News
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