Forex intervention: CBN injects $325.5m into retail market
The Central Bank of Nigeria (CBN) has injected 325.5 million dollars in the retail Secondary Market Intervention Sales (SMIS) and CNY14 million in the spot […]
CBN
Inflation control: CBN to continue with application of monetary policy tools
The Central Bank of Nigeria (CBN) says it will continue to apply monetary policy tools to control the rising inflation. The CBN made the promise […]
Forex intervention: CBN injects $311.5m, CNY15m into retail SMIS
The Central Bank of Nigeria (CBN) made an intervention of 311.5million dollar in the retail Secondary Market Intervention Sales (SMIS) and 15 million Chinese Yuan […]
CBN tasks financial institutions on technology to remain in business
The Central Bank of Nigeria (CBN) on Wednesday urged financial institutions and organisations to embrace technology to remain competitive. Mr Adebisi Shonubi, Deputy Governor, CBN, […]
NANS rejects CBN’s policy on cash deposits, withdrawals, warms up for protest
#TrackNigeria: The National Association of Nigerian Students (NANS) has rejected the new policy on cash deposits and withdrawals recently announced by the Central Bank of […]
Border closure will stagnate nation’s economy, warns ex CBN official
#TrackNigeria A former Director of the Central Bank of Nigeria (CBN), Dr Titus Okunrounmu, has warned that the continued closure of the country’s borders would […]
CBN clarifies cashless policy transaction charges
#TrackNigeria The Central Bank of Nigeria (CBN) says the transaction charges on deposit and withdrawal in furtherance of implementation of its cashless policy is on […]
CBN targets 70,000 farmers under Anchor Borrowers Programme in Borno
The Central Bank of Nigeria (CBN) says it has targeted about 70, 000 farmers and business under its Anchor Borrower Programme (ABP) in Borno for […]
Central Bank Of Nigeria Communiqué No. 126 Of The Monetary Policy Committee Meeting
CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO. 126 OF THE MONETARY POLICY COMMITTEE MEETING OF THURSDAY 19th AND FRIDAY 20th SEPTEMBER 2019 The Monetary Policy Committee […]
CBN supports FG’s plan to increase VAT, says Nigeria has lowest
#TrackNigeria Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), says the plan to increase Value Added Tax (VAT) from five per cent […]
Forex Intervention: CBN injects $314.74m, CNY 23.5m into Retail SMIS
In continuation of its intervention in the inter-bank foreign exchange market, the Central Bank of Nigeria (CBN) on Friday, September 20, 2019, injected the sum […]
CBN spends N146bn to support 849,480 rice farmers – Emefiele
The Central Bank of Nigeria (CBN) says it spent N146 billion to support 849,480 wet and dry seasons rice farmers across the country. The CBN […]
CBN spends N146bn to support 849,480 rice farmers – Governor
#TrackNigeria: The Central Bank of Nigeria (CBN) says it spent N146 billion to support 849,480 wet and dry seasons rice farmers across the country. The […]
CBN committed N30bn to boost oil-palm production — Emefiele
#TrackNigeria: The Central Bank of Nigeria (CBN) says it has committed about N30 billion to enhance Oil-palm production in the country. The CBN Governor, Mr […]
Cashless policy: Ex-ANAN president urges CBN to check banking sector fraud
Dr Samuel Nzekwe, Former President, Association of National Accountants of Nigeria (ANAN) has advised the Central Bank of Nigeria (CBN) to intensify effort toward checking […]
CBN okays AIP to 3 Payment Service Banks
The Central Bank of Nigeria (CBN) has issued Approvals-in-Principle (AIP) to three Payment Service Banks (PSBs).According to the apex bank,the move is in line with […]
CBN reschedules September 2019 MPC Meeting
The Central Bank of Nigeria,CBN has rescheduled the Monetary Policy Committee (MPC) meeting No. 269, earlier scheduled for Monday, September 23 and Tuesday, September 24, […]
CBN reduces, unbundles charges on electronic merchants collections
To further promote a cash-less economy and enhance the collection of applicable government revenues, the Central Bank of Nigeria (CBN) has announced a review of […]
How central data storage ‘ll make Nigeria unique, attract foreign investors – Expert
Alhaji Mohammed Tumala, Director Statistics Department, Central Bank of Nigeria (CBN) says a Central data storage will make the country’s data unique thereby, attracting foreign […]
CBN supports cultivation of 2,000 hectares out-grower farms in Borno
The Central Bank of Nigeria (CBN), on Sunday said it had supported the cultivation of 2,000 hectares out-grower farms in Borno to produce improved variety […]
CBN injects $210m into Forex Market
The interbank segment of the Foreign Exchange Market has received another boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded […]
CBN releases regulation for electronic payments, collections
#TrackNigeria The Central Bank of Nigeria (CBN) on Tuesday released regulation for electronic payments and collections for public and private sectors in the country. The […]
Abandoned projects: Committee summons CBN Governor, NDDC
The House of Representatives Committee investigating abandoned projects in the Niger Delta has summoned the Central Bank of Nigeria (CBN) Governor Godwin Emiefele to appear […]
Agriculture: CBN gives N1.5bn loan to Plateau
#TrackNigeria The Central Bank of Nigeria is to give a loan of N1.5 billion to Plateau under the Accelerated Agriculture Development Scheme (AADS). Mr Yusuf […]
Strengthen governance system to stop illicit financing, CSOs urge FG
#TrackNigeria: Some Civil Society Organisations (CSOs) and Development Partners on Monday said there was need for the Federal Government to strengthen its governance system to […]