MPC raises MPR to 14% as CBN battles inflation to stimulate growth
The Monetary Policy Committee on Tuesday hiked the Monetary Policy Rate by 200 basis points from 12 per cent to ...
Tag: cbn
Naira stable against dollar as CBN meets over economy
The Naira on Monday remained stable at the parallel market. The Nigerian currency maintained N378 to the dollar at ...
CBN directs banks to sell forex to BDCs
The Central Bank of Nigeria (CBN) has directed agent banks to approved international money transfer operators to sell foreign ...
Buhari sends 2016 budgets of NAN, NNPC, CBN, BPE, FAAN, NBC, 32 others to NASS
President Muhammadu Buhari on Tuesday sent 2016 budget proposal of the News Agency of Nigeria (NAN), Nigerian National Petroleum ...
Capital Adequacy Ratio: CBN sacks Skye Bank Chairman, MD, others
The Central Bank of Nigeria (CBN), on Monday, sacked the management and Board of Directors of Skye Bank Plc ...
CBN to clear backlog of forex demand
The Central Bank of Nigeria (CBN) has announced plans to clear all existing backlog of Foreign Exchange (forex) demand ...
CBN unveils market-determined rates
The Central Bank of Nigeria (CBN) has unveiled new guidelines in the management of foreign exchange (FX) which will ...
CBN, banks brainstorm on solution to mass sack
The Bankers' Committee of the Central Bank of Nigeria (CBN) on Thursday gave assurance that the rate of mass ...
CBN: PMI rises to 45.8 from 43.7 index points
The Purchasing Managers Index (PMI) rose to 45.8 index points in May from the 43.7 in April, the Central ...
CBN adopts flexible exchange rate policy, retains interest rate at 12%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has adopted a flexible exchange rate policy for ...
CBN cautions bank customers against fraudulent SMS on debit cards
The Central Bank of Nigeria (CBN) has cautioned bank customers against disclosing their Debit (ATM) Card details to fraudsters who ...
Sterling, Access banks’ deals with Madueke: CBN moves in
The Central Bank of Nigeria (CBN) says it is working in collaboration with law enforcement agencies in investigating certain questionable ...
CBN approves N20b bailout for Kogi
The Central Bank of Nigeria (CBN) has approved N20 billion as bailout for Kogi State Government. Governor Yahaya Bello announced ...
Buhari, Jinpeng witness signing of deal between CBN, China Bank
President Muhammadu Buhari and President Xi Jinpeng witnessing the Signing of Mandate Letter between Industrial and Commercial Bank of China ...
Customs revenue nose-dives by N230bn due to CBN’s policies, says Hameed Ali
The Comptroller-General (C-G), Nigeria Customs Service (NCS), Col. Hameed Ali (rtd), said on Tuesday that the service had a revenue ...
CBN to sell N219bn worth of treasury bills at April 7 auction
The Central Bank of Nigeria (CBN) will sell N218.89 billion worth of treasury bills on April 7. The CBN disclosed ...
Why Buhari must sack Emefiele now, by Societal Rights Initiative
ASRADI’s attention has been drawn to a ludicrously asinine press conference reportedly addressed by the governor of a state in ...
PDP, CBN, presidency in verbal war over millions of dollars forex deals; Garba Shehu threatens legal action
Political mudslinging among political elite continued on Saturday as the Peoples Democratic Party (PDP), Central Bank of Nigeria (CBN) and ...
NNPC, CBN to help oil marketers on importation of petroleum products
The Nigeria National Petroleum Corporation (NNPC) says it is working in collaboration with the Central Bank of Nigeria (CBN) to ...
CBN’s ‘shocking’ revelation: Some powerful Nigerians have $20b lying idle in domiciliary accounts
A shocking revelation was made on Thursday by the Central Bank of Nigeria (CBN). Some powerful Nigerians have $20 billion ...
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