Tag: CBN

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CBN raises forex market with $210 million

CBN raises forex market with $210 million

The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange m ...
Bitcoin value falls after CBN Governor’s warning

Bitcoin value falls after CBN Governor’s warning

Bitcoin value plunged in Friday trading sliding below $8,000 after Nigeria's Central Bank Governor, Mr Godwin Emefiele, cautioned would-be investors i ...
10 Things To Know About Newly Appointed Deputy Central Bank Governor, Mr Edward Adamu

10 Things To Know About Newly Appointed Deputy Central Bank Governor, Mr Edward Adamu

President Muhammadu Buhari Thursday tapped Mr EDWARD AMETEK ADAMU, as the new deputy central bank governor. Here are 10 things to know about the new a ...
Planning to Invest in Bitcoins? CBN Governor Emefiele Says Be Cautious, ‘Its A Gamble’

Planning to Invest in Bitcoins? CBN Governor Emefiele Says Be Cautious, ‘Its A Gamble’

Many investors in Nigeria are asking: Should I buy bitcoins or other cryptocurrencies? And if not, why? The current craze for cryptocurrencies seems b ...
Nigeria’s economic indicators remain positive despite MPC meeting crisis

Nigeria’s economic indicators remain positive despite MPC meeting crisis

Nigeria's economic growth gains traction in spite of uncertainty over the meeting of the Monetary Policy Committee,  MPC, scheduled for this week. ...
Buhari hails CBN’s forex intervention…highlights 2017 achievements

Buhari hails CBN’s forex intervention…highlights 2017 achievements

President Muhammadu Buhari Tuesday hailed forex reforms at the Central Bank of Nigeria, CBN, during the presentation of the 2018 'Budget of Consolidat ...
Nigeria’s Economy Shows Steady Growth Fueled by Key CBN Reforms- Global Business, Financial Leaders

Nigeria’s Economy Shows Steady Growth Fueled by Key CBN Reforms- Global Business, Financial Leaders

By Samantha Fox Washington ---- Nigeria's Central Bank Governor Godwin Emefiele, who is credited with the phenomenal growth of the Nigerian economy ...
CBN considers tougher sanctions against banks hoarding forex

CBN considers tougher sanctions against banks hoarding forex

The Central Bank of Nigeria (CBN) Friday said it is reviewing ways to toughen sanctions against financial institutions in the country that hoards fore ...
CBN to sell N62.4 billion in Treasury bills next week

CBN to sell N62.4 billion in Treasury bills next week

The federal government will at an auction next Wednesday, sell N62.43 billion naira ($171 mln) of treasury bills, according to the central bank. Th ...
Despite IMF’s Forecast, Nigeria Economy To Grow 2.2 Per cent in 2017 Says FG

Despite IMF’s Forecast, Nigeria Economy To Grow 2.2 Per cent in 2017 Says FG

The federal government expects the economy to grow 2.2 percent this year, according to a strategy document cited by Reuters on Thursday. The 2018-2 ...
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