Tag: cbn

CBN Report: Nigerians project rise in inflation, borrowing rates in next 12 months

CBN injects $337.16m, 56.17m Yuan into retail Secondary Market Intervention Sales

The Central Bank of Nigeria (CBN) on Friday said it injected $337.16 million in the retail Secondary Market Intervention Sales (SMIS) in its first...
$210m: CBN makes first FOREX intervention for 2019

CBN revokes licences of nine banks

The National Association of Micro Finance Banks, on Monday, said that nine out of the 34 micro finance banks in Niger State have lost...
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 Report: Nigerians project rise in inflation, borrowing rates in next 12 months

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 ...
CBN announces truce with 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 Report: Nigerians project rise in inflation, borrowing rates in next 12 months

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...
U.S. Coast Guard commends NIMASA, offers advice on port security

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...
Transfer: Angry officer kills Police Chief

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 Report: Nigerians project rise in inflation, borrowing rates in next 12 months

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...