Tag: CBN

The Central Bank of Nigeria is wooing local businesses importing goods from China to use the yuan instead of the United States’ dollar in its effort to support the naira ...

The Central Bank of Nigeria has injected another sum of $210m into the inter-bank foreign exchange market. The lender said the forex sale was aimed at sustaining liquidity in the ...

President Muhamamdu Buhari has nominated Mr. Edward Adamu, for appointment as Deputy Governor of Central Bank of Nigeria. Adamu from Gombe State, replaces Mr. Sulaiman Barau, from Zaria, Kaduna State, ...

The Central Bank of Nigeria on Monday injected another $210m into various segments of the inter-bank foreign exchange market. This came on the heels of the regulator’s $304.4m Retail Secondary ...

Members of the Association of Corporate Treasurers of Nigeria and financial market analysts have urged the Central Bank of Nigeria to allow the forces of market to dictate and stabilise ...

As the Monetary Policy Committee of the Central Bank of Nigeria commenced its last meeting for 2017, the bank injected has $210m into the inter-bank Foreign Exchange Market. The CBN ...

The Federal High Court in Abuja has ordered the Central Bank of Nigeria and the 19 commercial banks in the country to disclose all accounts in their custody and the ...

The Central Bank of Nigeria has asked operators of microfinance banks and other financial institutions in the country not to engage in exploitative activities. The CBN said this could be ...

President Muhammadu Buhari has appointed Mrs. Aishah Ahmad, as Deputy Governor of the Central Bank of Nigeria. According to a statement on Thursday by his Special Adviser on Media and ...

The naira rebounded on Monday and closed at 366 per United States dollar. The local unit, which opened last week at 369/dollar had closed at 367/dollar on Friday. The naira ...