Tag: cbn

emefiele, cbn

MPC retains lending rate at 14% for 13th consecutive time

The Monetary Policy Committee (MPC), for the 13th consecutive time, has retained the Monetary Policy Rate (MPR) at 14 per cent. The Central Bank Governor,...
cbn, forex

Forex: CBN intervenes again with $210m

The Central Bank of Nigeria (CBN) has again intervened in the inter-bank Foreign Exchange Market to the tune of $210 million. According to the...
stanbic ibtc

CBN: N1.8bn fine imposed on Stanbic IBTC in national interest

The Central Bank of Nigeria (CBN), on Friday, said the deduction of N1.886 billion fine from Stanbic IBTC Bank’s account was in ...
mtn

Forex scam: CBN slams N5.87bn sanctions on Diamond Bank, Stanbic-IBTC, two others, orders MTN...

The Central Bank of Nigeria (CBN) has imposed heavy sanctions totalling N5.87 billion on four banks under its regulatory purview and asked same to...
cbn, forex

CBN boosts foreign exchange market with $210m

The Central Bank of Nigeria (CBN) has injected $210 million into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange...
intels, reps, npa

Currency swap deal: CBN bars importers of substandard goods

The Central Bank of Nigeria (CBN) says the currency swap agreement with the People’s Bank of China (PBoC), will not cover the importation of...
vigilante, gun charm

CBN official killed in Zamfara

Zamfara State Police Command has confirmed the killing of an official of the Central Bank of Nigeria (CBN) in Gusau, Kabiru Zango, by...
cbn, forex

Forex: Retail SMIS gets $358m

The Central Bank of Nigeria (CBN), on Friday, injected $358 million into the Retail Secondary Market Intervention Sales (SMIS). Confirming the figure, the...
emefiele, cbn

MPC retains MPR at 14%, CRR at 22.5%, Liquidity Ratio at 30%

CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO 118 OF THE MONETARY POLICY COMMITTEE MEETING OF MONDAY 21ST AND TUESDAY 22ND MAY, 2018 Background The...
naira

Banks sabotaging our efforts on new notes, says CBN

The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new ones in the country. Mr...