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 ...
Tag: cbn
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 ...
OccupyCBN protesters are blackmailers, says CBN
The Central Bank of Nigeria (CBN) has exposed a group which called itself Wailing Wailer as paid hirelings, describing them ...
CBN, banks to establish Agric/SME fund
Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has disclosed that the Bankers’ Committee will establish an Agriculture-Small and ...
Credit to corporate sector to increase in 2017, says CBN
The Central Bank of Nigeria (CBN) on Thursday said the overall availability of credit to the corporate sector was expected ...
CBN denies reports of allocation of dollars
The Central Bank of Nigeria (CBN) has denied reports from some quarters that it allocates dollars unilaterally. A statement by ...
Nigeria to begin rice exportation by 2017, says CBN
The Central Bank of Nigeria, (CBN) on Tuesday said its Anchor Borrowers Programme for the promotion of Agriculture is set ...
CBN: Manufacturers, others get $867m in October Forex utilisation
The Central Bank of Nigeria (CBN) has given access to about 7,792 requests for foreign exchange valued at over $867 ...
CBN endorses security raid on parallel market
The Central Bank of Nigeria (CBN) on Tuesday endorsed the crackdown on parallel market traders by officials of the Department ...
CBN retains MPR at 14%, Cash Reserve Ratio 22.5%, Liquidity Ratio 30%
Central Bank of Nigeria Communiqué No 110 of the Monetary Policy Committee Meeting of Monday and Tuesday 21st and 22nd ...
CBN: Heritage Bank not in distress
The attention of the Central Bank of Nigeria (CBN) has been drawn to false and malicious stories on the social ...
Manufacturers get $660m to source raw materials, says CBN
Manufacturing industries in Nigeria have been given access to foreign exchange valued at over $660 million in the inter-bank market ...
Farmers in Niger projected to produce 1m tonnes of rice, says CBN
The cluster of rice farms in Niger State are expected to produce one million tonnes of rice through the Central ...
CBN moves to save airlines, approves special forex intervention
The Central Bank of Nigeria (CBN) has approved a Special Secondary Market Intervention Retail Sales (SMIS) for airlines operating in ...
Group backs Emefiele, says CBN, FG have capacity to revive economy
A coalition of Civil Society Groups, under the auspices of Vanguard for Social Justice (VSJ), has supported the policies of ...
No Nigerian bank is undercapitalised, says CBN
The Central Bank of Nigeria (CBN) has said that there is no truth in a report that seven Nigerian banks ...
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