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monetary policy

Economy

CBN Devalues Naira To N168 Per US Dollar

Eseme MacDonald | Lifestyle Contributor - Nov 26, 2014

Nigeria's apex bank has announced a new official Naira-to-Dollar exchange rate, forcing down the Nigerian currency by 13 Naira as efforts to reshape the...

Business

CBN Stipulates N2 Billion Share Capital For Money Transfer Operations

Goldmay Daniel | Staff Reporter - Jun 9, 2014

As part of the efforts of the new Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele to enhance banking regulations; the CBN has...

Business

New CBN Governor Emefiele Abolishes Charges On Bank Deposits

Goldmay Daniel | Staff Reporter - Jun 5, 2014

The Central Bank Governor (CBN), Mr Godwin Emefiele, on Thursday, June 5, 2014 unveiled his agenda for the apex financial organization, announced that all...