CBN

business

Presidency Vows To Recover $7bn CBN Bailout To Banks

Presidency Vows To Recover $7bn CBN Bailout To Banks   The Presidency on Wednesday vowed to take all necessary measures to recover the $7 billion which the Central Bank of…

Read More
News

CBN Backs Labour On Minimum Wage

CBN Backs Labour On Minimum Wage   The Central Bank of Nigeria, CBN, has thrown its weight behind organised labour’s quest to increase the minimum wage, saying that it would…

Read More
Business

Why We Retained Tight Monetary Policy — CBN

Why We Retained Tight Monetary Policy — CBN   Central Bank of Nigeria, CBN, has said that the despite pressures to loosen its monetary policy stance the Monetary Policy Committee,…

Read More
Business

CBN To IMF: We Prefer Stable Exchange Rate Now To Building Reserves

CBN To IMF: We Prefer Stable Exchange Rate Now To Building Reserves The Central Bank of Nigeria, CBN, Sunday responded to the International Monetary Fund, IMF, propositions on judicious use…

Read More
Business

CBN Revokes Licence Of Microfinance Bank

CBN Revokes Licence Of Microfinance Bank The Central Bank of Nigeria, CBN, Tuesday, said it has revoked the licence of Garu Microfinance Bank, a microfinance institution in Bauchi state. A…

Read More
Economy

CBN Explains Reduction In Foreign Reserves

CBN Explains Reduction In Foreign Reserves The recent reduction in the level of the nation’s foreign reserves has nothing to do with on-going political activities, the Central Bank of Nigeria,…

Read More
business

Economic Growth Rate Softens — CBN

Economic Growth Rate Softens — CBN The Central Bank of Nigeria’s (CBN’s) Purchasing Managers Index, PMI, for the manufacturing sector stood at 56.2 in September 2018, indicating further fluctuation against…

Read More
Business

CBN To Disburse N220bn To Enterprises Development Fund

CBN To Disburse N220bn To Enterprises Development Fund The Central Bank of Nigeria (CBN) said it had set aside N220 billion to be disbursed as loans to cooperative organisations under…

Read More
Business

CBN Commences Chinese Yuan Forex Intervention

CBN Commences Chinese Yuan Forex Intervention The Central Bank of Nigeria (CBN) Friday flagged off its intervention in the sale of foreign exchange in Chinese Yuan (CNY), signaling the consummation…

Read More
Business

CBN Injects $210m Into Foreign Exchange Market

CBN Injects $210m Into Foreign Exchange Market The Central Bank of Nigeria (CBN), on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange market to meet customers’ requests in…

Read More

Page 1 of 4

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password