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 ...
Tag: cbn
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 ...
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 ...
Forex scam: CBN slams N5.87bn sanctions on Diamond Bank, Stanbic-IBTC, two others, orders MTN to refund $8bn
The Central Bank of Nigeria (CBN) has imposed heavy sanctions totalling N5.87 billion on four banks under its regulatory purview ...
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 ...
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 ...
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, ...
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 ...
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, ...
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 ...
Foreign exchange market gets additional $210m boost from CBN
The Central Bank of Nigeria (CBN) on Tuesday boosted the inter-bank foreign exchange market with another $210 million, the bank’s ...
CBN injects another $210m into Forex market
In continuation of its intervention in the inter-bank sector of the Foreign Exchange market, the Central Bank of Nigeria (CBN) ...
Senate confirms three CBN Monetary Policy Committee nominees, rejects Maidugu
The Senate on Thursday confirmed three nominees for appointment as members of the Monetary Policy Committee (MPC) of the Central ...
CBN sustains foreign exchange market liquidity with $210m
The Central Bank of Nigeria (CBN), on Monday, injected $210 million into the inter-bank Foreign Exchange Market, in its bid ...
CBN injects $210m into foreign exchange market
The Central Bank of Nigeria (CBN) in its quest to guarantee the availability of foreign exchange for customers’ needs has ...
CBN boosts foreign exchange with $210m
The Central Bank of Nigeria (CBN) on Tuesday, gave a boost of $210 million to the interbank foreign exchange market. The ...
CBN warns Nigerians on investment in crypto currencies
The Central Bank of Nigeria (CBN) has again cautioned Nigerians to be wary of investments in crypto currency as they ...
CBN lifts foreign exchange market with $210m
The Central Bank of Nigeria (CBN) on Tuesday injected N210 million dollars into the inter-bank sector of the foreign exchange ...
CBN directs banks to settle customers’ complaints within two weeks
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to settle customers’ complaints on issues of ...
CBN, RMAFC oppose creation of Assets Management Agency
The Central Bank of Nigeria (CBN) and the Revenue Mobilization, Allocation and Fiscal Commission (RMAFC), on Tuesday, expressed opposition to ...
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