Search Result for: cbn
Breaking: CBN sells $10,000 to BDCs at N1,101/$
The Central Bank of Nigeria (CBN) on Monday announced the sale of dollars to Bureau de Change operators. In a statement signed...
Ex-CBN Gov. Emefiele arrives Lagos court, faces fresh 26-count charge
Godwin Emefiele, the immediate past Central Bank of Nigeria Governor, has arrived at the Ikeja State High Court in Lagos for his...
FG, CBN, NISS plan new national ID card with payment, social services features
The National Identity Management Commission (NIMC) has announced that it will soon introduce an enhanced National Identity card that includes payment capabilities...
Tinubu lauds Obazee, CBN Special Investigator, as he concludes assignment
Mr. Jim Obazee, the Special Investigator of the Central Bank of Nigeria (CBN), and other related entities has received presidential commendation for...
Ex-CBN Gov. Emefiele faces fresh 26-count charge
The Economic and Financial Crimes Commission (EFCC) has filed a fresh 26-count charge bordering on abuse of office and corruption against the...
Breaking: Nigerian economy bounces stronger with over $1.5bn inflow, says CBN
The Nigerian economy has witnessed an impressive turn-around in the past few days as it records an inflow of over $1.5 billion,...
Updated: We raised interest rate to 24.75 percent to fight inflation – CBN
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) said it hiked the benchmark interest rate by 200 basis...
Just In: Again, CBN increases interest rate to 24.75 percent
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate by 200 basis points...
Don’t sell dollar above N1,269, CBN orders Bureau de Change
As part of measures to strengthen the naira against the dollar, the Central Bank of Nigeria (CBN) says it is allocating $10,000...
Food production: CBN donates 2.15m bags of fertilizer to Fed. Ministry of Agriculture
In a bid to boost food production across the country, the Central Bank of Nigeria (CBN) says it has handed over N100...
CBN Board: Tinubu writes Senate, replaces Eke with Onwudiwe as Southeast nominee
President Bola Tinubu has written to the Senate, seeking the screening and subsequent confirmation of Ruby Onwudiwe as a member of the...
CBN to sanction MfBs over late non-rendition of statutory monthly returns
The Central Bank of Nigeria (CBN) has directed all microfinance banks (MfBs) to adhere to prompt rendition of statutory monthly returns through...
CBN revokes licences of 4,173 BDC operators
The Central Bank of Nigeria (CB) has taken decisive action by revoking the operational licences of 4,173 Bureaux De Change (BDC) operators,...
CBN to sell N1.64trn Treasury bills in Q2 2024
The Central Bank of Nigeria (CBN) has said it will sell Treasury bills (TBs) worth N1.64 trillion for the second quarter of...
Breaking: CBN raises MPR to 22.75%, up by 400 basis points
The Central Bank of Nigeria (CBN), after its first Monetary Policy Committee (MPC) meeting, has raised the monetary policy rate by 400...
CBN to sell dollar at N1,301 to authorized BDC
In its bid to increase liquidity, strengthen the naira, and curb distortion at the retail end of the FX market, the nation’s...
