CBN Assures Of Stable Exchange Rate
15/10/2018The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the apex bank would continue to maintain a stable exchange rate in the country and avoid the.
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Business & Economy
Nigeria: CBN Explains Reduction in Foreign Reserves
04/10/2018The recent reduction in the level of the nation’s foreign reserves has nothing to do with on-going political activities, the Central Bank of Nigeria, CBN, has said. Director of Corporate.
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Business & Economy
CBN to revoke 154 microfinance banks’ licences, 28 others
27/09/2018The Central Bank of Nigeria on Wednesday gave a notification to revoke the operating licences of 182 other financial institutions in the country. According to the list released by the.
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Business & Economy
Nigeria: Federal Government sells 12.4bn shares in NSPMC to CBN, BPE
19/09/2018The Federal Government yesterday sold 21 percent of its stake in the Nigeria Security Printing and Minting Company (NSPMC), amounting to 12.4 billion shares to the Central Bank of Nigeria.
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Business & Economy
The Central Bank of Nigeria Pumps $210m into Forex Market
29/08/2018The Central Bank of Nigeria (CBN) has injected another sum of $210 million into the interbank foreign exchange (forex) market. The move was part of the central bank’s commitment to.
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Business & Economy
‘CBN/ABP to disburse loan to 1,500 farmers in Kogi’
18/08/2018Doyin and Susan Foundation, an NGO, has facilitated loan of between N300,000 and N900,000 for 1,500 farmers in Kogi West Senatorial District under Anchor Borrowers Programme (ABP). Chairperson, Board of.
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Trade and Investment
Nigeria Will Be Self-Sufficient in Rice Production in 18 Months – Buhari
28/06/2016President Muhammadu Buhari in Abuja recently said his administration would make Nigeria self-sufficient in rice production within 18 months.
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Nigeria: CBN Extends Consultations as Naira Falls
08/06/2016As concerns continue to mount over the modalities for the proposed flexible exchange rate regime to be introduced by the Central Bank of Nigeria (CBN), the naira depreciated further.
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Business & Economy
Expectations High As Nigeria Annouces New Central Bank Governor
28/03/2014Nigeria’s Senate yesterday approved the appointment of Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN). Emefiele, who is currently the Managing Director of Zenith Bank Plc, was.
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Top Headlines
Africa’s Reaction To Nigerian CBN Governor’s Suspension
21/02/2014An air of shock or relief. Sanusi’s removal has been met with mixed reactions from political and economic personalities in Africa. A group of Nigerian lawmakers and financial experts have.
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