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Central Bank of Nigeria

Government

Opening Nigeria’s Borders Now Could Cripple Local Rice Farmers – Emefiele

Ekemini Ekwere | News Reporter -
Godwin Emefiele, the governor of the Central Bank of Nigeria, has said though the country cannot afford to have its borders shut in perpetuity,...
Economy

Central Bank Introduces Policy For Loan Defaulters To Lose Deposits In Other Banks

Salisu Sulaimon | Sub-Editor -
To increase retail credit and curb the rising cases of non-repayment of such facilities, bank customers, who take loans but default in paying back,...
Government

CBN Denies Reports Of ‘Missing N500 Billion’ In Leaked Audio Tape

Agency Reports -
Isaac Okoroafor, the spokesperson of the Central Bank of Nigeria, has said that no money is missing or stolen from the bank’s coffers as...
Business

Nigeria’s Central Bank Provides Fiscal Stimulus For Forex Market

Ima Matthew | Sub Editor -
The Central Bank of Nigeria, CBN, was recently forced to intervene in the interbank foreign exchange market, providing additional fiscal stimulus to the tune of $210...
News

Central Bank Of Nigeria To Hold ‘Tweet Meeting’ At 2pm

Amarachi Ishola | Sub-Editor -
Nigeria's apex financial institution, the Central Bank, is set to hold a Tweet meet aimed at informing and educating Nigerians on the efforts being...
Business

Central Bank Of Nigeria Holds ‘Tweet-Meeting’, Today At 2pm

Amarachi Ishola | Sub-Editor -
The Central Bank, Nigeria’s apex Bank, is set to hold a Tweet meet aimed at informing and educating Nigerians on the efforts being made...
Economy

Nigeria To Exit Recession In 3rd Quarter – Emefiele

News Agency of Nigeria -
Godwin Emefiele, governor of the Central Bank of Nigeria, CBN, says the country should be out of recession by the third quarter of 2017. Speaking...
Government

Medical, School Fees: CBN Sets Up Phone Line For Complaints On FOREX Deals

Agency Reports -
The Central Bank of Nigeria, CBN has released an emergency mobile phone line for customers denied access to foreign exchange by banks for medical...
Government

CBN Injects Fresh $195 Million Into Forex Market

Abdul Jummai | Politics Reporter -
The Central Bank of Nigeria has, on Tuesday, March 14, 2017 released fresh $195 million into the foreign exchange, FOREX, market as part of...
Economy

Fighting Recession: CBN Injects Additional $170 Million Into Economy

Ella Ukairo | Tech Reporter -
In a bid to end recession, the Central Bank of Nigeria, CBN, has once again injected additional $170 million in the interbank market on Thursday...
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