Inflation: CBN raises savings interest to 4.2%
Bank customers in the country are now to be paid more interest on their savings after the Central Bank of ...
Tag: CBN
Nigeria’s external reserves shed $337m in two weeks
Nigeria’s external reserves dropped by $337 million in the first two weeks of August, sustaining its southward movement since the ...
FG borrows additional N2.45tn from CBN in six months
Nigeria's federal government’s total borrowing from the Central Bank of Nigeria (CBN) through Ways and Means Advances rose from N17.46tn ...
We have identified persons, organizations hoarding dollars – EFCC chairman, Bawa
Chairman of the Economic and Financial Crimes Commission (EFCC) Abdulrasheed Bawa. on Friday announced that the commission has identified individuals ...
NNPC remits $2.7bn to CBN in six months
The Nigerian National Petroleum Company (NNPC) Limited remitted a total of N2.7 billion into its accounts with the Central Bank ...
Poor economy: Hold Emefiele accountable, youth council tells Nigerians
The National Youth Council of Nigeria (NYCN) has blamed the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin ...
Forex: We‘re working to avert further Naira fall – CBN
With an escalating demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) ...
Our clampdown on dollar-to-naira conversion is against politicians not businessmen – CBN
The Central Bank of Nigeria (CBN) has explained that the statement made by Mr. Godwin Emefiele, its governor, regarding purchase ...
CBN’s policies hurt Nigeria’s business environment – World Bank
The World Bank says the Central Bank of Nigeria (CBN)'s multiple exchange rates, trade restrictions, and the financing of the ...
CBN to begin enforcement of credit risk regulations on OFIs August 1
The Central Bank of Nigeria (CBN) has instructed other financial institutions (OFIs) to enroll in its credit risk management system ...
