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CBN may mop-up N230bn from money market this week

As part of continued effort in ensuring system stability in the country, indications are rife that the Central Bank of Nigeria (CBN), may dry...

CBN to spend $500,000 on 1st bio- diesel refinery

*Project to be completed in Kogi by 2018*Jatropha farmers' cooperatives to get N1mThe Central Bank of Nigeria (CBN), through the Bank of Industry (BOI),...
forex

CBN strengthens FOREX market with $195m

The Central Bank of Nigeria (CBN) on Monday, boosted the FOREX market by offering a total of $195m in the three segments of the...
licenses

CBN lauds SEC on dividend payment’s simplification

The Central Bank of Nigeria (CBN) has lauded the contributions and achievement of the Securities and Exchange Commission (SEC) in simplifying dividend payments and...
borrowing

NECA urges Central Bank to lower borrowing costs

The Nigerian Employers Consultative Association (NECA) have implored monetary authorities to take measures in re-inflating the economy through monetary easing and reduction of the...

Naira strengthens to 305.95/$1 CBN’s rate, 368 unofficial rates

The Naira on Wednesday, strengthened to 305.95 to a dollar at a Central Bank of Nigeria (CBN’s) rate, which stood at 306 on Tuesday,...
transfer

NCC, CBN secures reprieve for Etisalat on debt crisis

The Central Bank of Nigeria (CBN) and telecom regulator, Nigerian Communications Commission (NCC) has been able to get reprieve for Mobile Network Operator, Etisalat...
$20million

BREAKING: CBN to Give Banks $20million FOREX Weekly

In apparent response to recent outcry over the hardships encountered by the business community in sourcing foreign exchange for transactions, the Central Bank of...

CBN debunks been queried by AGF over forex allocation, transactions

Following the allegation that the Attorney General of the Federation (AGF), Mr. Abubakar Malami, had queried the Central Bank of Nigeria (CBN) foreign exchange...

Bankers Committee to support economic diversification with N25bn

That Bankers Committee said it has concluded arrangement to support federal government’s effort at diversifying the economy by introducing a new initiative that will...

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