Refund to bank customers stand at N76.7bn, $20.9m – CBN
The Central Bank of Nigeria (CBN) says the worth of money refund to bank customers as at Nov. 30 stood at N76.75 billion and 20.90 […]
CBN
Greater economic growth, low inflation top list as Emefiele unveils CBN priorities for 2020
Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has listed the bank’s priorities for 2020 to include support for greater economic growth, price stability and […]
Forex Intervention: CBN injects $323.5m, CNY 17.9m into Retail SMIS
In its last intervention for the month of November,the Central Bank of Nigeria (CBN) on Friday, November 29, 2019, made an intervention of $323.5million in […]
Financial Inclusion: CBN wants increased MMO agents across Nigeria
The Central Bank of Nigeria (CBN), on Wednesday urged Mobile Money Operators (MMOs), to improve and increase agents footprint across the country to bring the […]
JUST IN: MPC retains policy rate at 13.5%
The Central Bank of Nigeria (CBN’s) Monetary Policy Committee, MPC, has again retained the Monetary Policy Rate at 13.5%. The CBN governor, Mr Godwin Emefiele, […]
Nigeria imports $600m cassava derivatives annually – CBN
Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN) says Nigeria imports cassava derivatives valued at about 600million dollars annually. Emefiele disclosed this […]
CBN’s unconventional policy to grow economy paying off – Emefiele
Central Bank of Nigeria (CBN) Governor, Godwin Emefiele says ensuring price stability and growing the nation’s economy through unconventional policy is paying off. Emefiele stated […]
Textile: CBN facilitates MOU among Armed Forces, others
The Central Bank of Nigeria (CBN) on Tuesday, October 29, 2019, facilitated the signing of two memoranda of understanding (MOU) among stakeholders in the country’s […]
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 […]
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, […]