Central Bank of Nigeria Grants AMAC MFB Operating Licence
11/12/2018The Central Bank of Nigeria (CBN) has given the Abuja Municipal Area Council (AMAC) a licence to operate a microfinance bank. The bank, which was commissioned last week by FCT.
- 0
Most Recent News
Business & Economy
Central Bank of Nigeria to Float N1.02trn Fresh TBs in Q4’18
10/09/2018The Central Bank of Nigeria (CBN) said it will issue fresh treasury bills (TBs) worth N1.02 trillion in the fourth quarter (Q4’18) to replace maturing TBs of the same amount.
- 0
Business & Economy
Central Bank of Nigeria injects $303m, CNY 46.58m into forex market
08/09/2018The Central Bank of Nigeria, on Friday, injected the sum $303.91m into the interbank retail Secondary Market Intervention Sales segment of the foreign exchange market. The CBN said in a.
- 0
Business & Economy
Nigeria: Banks get N23 trillion deposits, engage 44,000 ‘casual workers’
27/08/2018The end month balance of the banking sector’s deposit base as at June 2018 was N23.21 trillion, indicating a level of liquidity at the disposal of the lenders for credit.
- 0
Business & Economy
The Central Bank of Nigeria asks banks to submit bids for second Chinese yuan auction
23/08/2018The Central Bank of Nigeria (CBN) has asked banks to submit bids for the Chinese yuan in line with the regulator’s determination to meet foreign exchange demands at the retail.
- 0
Featured
Trade and Investment
Nigerian Banks Have Strong Buffers to Weather Crisis- Central Bank
13/10/2016Nigeria’s banks are facing economic challenges but have strong capital buffers to weather the crisis, a central bank official said on Wednesday following a meeting with lenders. Nigeria, Africa’s.
- 0
