DAPPMAN raises concern over FG’s new tax regime
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Tuesday expressed concern over the new 0.5 per cent ...
Tag: cbn
Why CBN monetary policy is not working – Economist
Prof. Ken Ife, a Development Economist, says Central Bank of Nigeria’s monetary policy is not working because 80 per cent ...
Nigeria to begin rice export to Egypt, as RIFAN, Tiamin sign MoU
The Rice Farmers Association of Nigeria (RIFAN), has signed a Memorandum of Understanding (MoU) with Tiamin Rice company for processing ...
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) ...
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 ...
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 ...
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 ...
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