President Buhari nominates Obiorah as CBN Deputy Governor
President Muhammadu Buhari, has nominated Dr Kingsley Isitua Obiora to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN). A […]
CBN
CBN retains minimum 65% loan deposit ratio
The Central Bank of Nigeria (CBN), says it has retained the minimum 65 per cent of Loan Deposit Ratio (LDR) in the interim. The CBN […]
Customers decry banks’ non-compliance with CBN’s new guidelines on charges
Some bank customers have frowned at their banks’ for not complying with the new guidelines for charges on Automated Teller Machine (ATM), released by the […]
Banks customers commend CBN’s move to slash banks charges
Banks customers on Monday commended the Central Bank of Nigeria (CBN) for its move to slash various banks charges. A cross section of customers, who […]
CBN reviews bank guidelines, slashes charges
The Central Bank of Nigeria (CBN), has reviewed downward charges and fees for banking services. This is contained in the new guidelines for banks, other […]
NGO, CBN inaugurate 10,000 hectares oil-palm plantation in Kogi to boost food sufficiency
An Agro-based Non-Governmental Organisation, Stocks and Minas Agricultural Advocacy Network Africa (SMAANA) in collaboration with the Central Bank of Nigeria (CBN) on Saturday inaugurated a […]
Senate C’ttee insists CBN Governor must appear over foreign exchange sale
By Haruna Salami Senate has frowned at the Central Bank of Nigeria, CBN, especially in the way and manner it allegedly handles the sale of […]
CBN commits N69bn to Edo oil palm sector, 1 as Obaseki woos investors
…Edo gets 80 percent of apex bank’s N30bn agric intervention The Central Bank of Nigeria (CBN), has invested N69bn the into Edo State Oil Palm […]
Why CBN must transfer Anchor Borrowers Programme to Agric Ministry – Sen. Adamu
The Chairman, National Agricultural Foundation, Sen. Abdullahi Adamu, has restated the need for the Central Bank of Nigeria (CBN) to hand over administration of the […]
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 […]
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 […]