Forex: CBN pumps additional $100m into market
The Central Bank of Nigeria (CBN), on Tuesday, injected another sum of $100 million into the interbank foreign exchange market, ...
Tag: cbn
CBN directs banks to honour dollar application within 48 hours
The Central Bank of Nigeria (CBN) has directed Money Deposit Banks to henceforth process and meet the demand for dollars ...
CBN: Current Naira appreciation, a result of painstaking market monitoring
The Central Bank of Nigeria (CBN) said the recent appreciation of the Naira against other currencies was the result of ...
Forex: Dollar to crash again as CBN floods market with $180m
In keeping with its determination to increase liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) on ...
Forex intervention: CBN disburses $221.37m for BTA, school fees, others
The Central Bank of Nigeria (CBN) says it has sold $221.37 million to 16 banks through the interbank foreign exchange ...
CBN intervenes with $370.9m in Forex Market
Sequel to its promise to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions, the Central ...
CBN directs banks to open foreign exchange outlets in major airports
To ease the burden of travellers, the Central Bank of Nigeria (CBN) has directed all banks to open Foreign Exchange ...
CBN directs banks to file forex returns in dollars for clarity
The Central Bank of Nigeria (CBN) has directed banks to file their returns on the sale of foreign currency in ...
Forex Utilization: CBN boosts manufacturing, agriculture, others with $2.83bn
The Central Bank of Nigeria (CBN) says it disbursed $2.83 billion to critical sectors of the economy between December 2016 ...
CBN: Rate of Naira counterfeiting less than 1%
The attention of the Central Bank of Nigeria (CBN) has been drawn to certain spurious and grossly uninformed claims suggesting ...
Man kills 11-year-old twin children for allegedly being witches
The Cross River State Police Command has arrested one Anyanime Festus, 33, for killing his twin children, Emediong Festus and ...
FG commends CBN’s decision on 5% bank profits to agriculture
The Federal Government has commended the decision by the Central Bank of Nigeria (CBN) to set aside five per cent ...
CBN to sanction banks over non-remittances of Content Development Fund
The Central Bank of Nigeria (CBN) said on Monday that it would sanction Money Deposit Banks (MDBs) still collecting payments ...
Zamfara/CBN to give interest-free loans to over 7000 rice farmers
Over 7000 rice farmers in Zamfara State are to benefit from interest-free loans by the state government and the Central ...
Foreign exchange regime not to favour special interests, says CBN
The Central Bank of Nigeria (CBN) says the sale of foreign exchange (FX) under the new policy is transparent and ...
CBN promises to maintain price stability, external reserves to safeguard Naira
The Central Bank of Nigeria (CBN) has promised to maintain price stability and external reserves to safeguard the international price ...
CBN retains 14% Monetary Policy Rate, says cut will worsen inflation
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained lending rate at 14 per cent, ...
CBN donates N999m building to CRUTECH
The Central Bank of Nigeria (CBN) has donated a two-storey administrative block of N999 million to the Cross River University ...
CBN commences sale of forex to BDCs
The Central Bank of Nigeria (CBN) started auctioning $250 million to 3147 registered Bureau De Change (BDCs) nationwide on Wednesday. ...
Occupy CBN protest flops
The attempt on Friday by a group to stage a protest against the foreign exchange policies of the Central Bank ...
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