CBN
Exclusive: CBN could invest N20billion in Nigeria’s cotton production
As NACOTAN sees investment as expanding ginnery business, attracting more investors New details have emerged on the investment from the Central Bank of...
CBN partners over 100,000 farmers to boost cotton output
Crackdown on textile smuggling The Central Bank of Nigeria on Monday flagged off a new partnership with cotton farmers in the country...
CBN intervenes with $271.83m, CNY41.14m in Retail SMIS
…Wholesale, SMEs, Invisibles get $205m The Central Bank of Nigeria (CBN), on Friday, May 3, 2019 made interventions in the Retail Secondary Market...
CBN injects 254.8m, CNY 35.8m into Forex Retail SMIS
Following the injection of $210 million into the wholesale segment of the Inter-Bank Foreign Exchange market on Tuesday, April 16, 2019, the Central...
As CBN’s Emefiele Re-scripts the Economic Narrative
By Chika Madubuike-Onuora Resolutely navigating turbulent seas spawned by a mix of micro and macro-economic triggers, the nation’s apex bank – Central...
Emefiele’s Control and IMF’s Applause
Tayo Isaac In a world where many economies are suffering and where there is no shortage of gloom forecast, the International Monetary Fund...
Keystone Bank appoints Abubakar Danlami Sule as Acting MD/CEO
Keystone Bank Limited, has announced the resignation of Mr. Obeahon Ohiwerei as Managing Director/CEO of the Bank, and the appointment of Mr....
Emefiele And Financial Inclusion In Nigeria
By Andrew Idakwo In developing countries, there is a consistent challenge of ensuring that more and more persons, especially those in the rural...
Financial crimes: CBN, EFCC to monitor politically exposed persons
The Central Bank of Nigeria (CBN), and the Economic and Financial Crimes Commission (EFCC), have disclosed that they are collaborating on anti-money laundry...
Nigerian corn farmers begin N3bn CBN loan repayment, BOA chief says
As Nigeria sought to import 300,000 tons of maize last month to meet its consumption demand of 11.3 million tons, the country’s maize...
CBN sold $279.13m, CNY 46.92m to Retail SMIS, Friday
The Central Bank of Nigeria (CBN) on Friday sold a total of $279.13 million and CNY 46.92 in the foreign exchange as per...
CBN continues intervention in Forex market
The Central Bank of Nigeria (CBN) has continued its intervention in the inter-bank sector of the Foreign Exchange market by injecting another sum...
Currency Swap Agreement Between Nigeria and China: What you need to know
The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, in May, announced a landmark three-year bilateral currency swap agreement with China worth 15...
CBN urges Nigerians to report banks that refuse to sell Forex
The Central Bank of Nigeria (CBN) has urged Nigerians to report any bank that refuses to sell BTA/PTA and Forex for pilgriage at...
Currency Swap: Central Bank of Nigeria Signs Historic Agreement with the People’s Bank of China (PBoC)
The Central Bank of Nigeria (CBN) and the Peoples Bank of China (PBoC) last Friday signed a bilateral currency swap agreement for up to $2.5bn,...
In Photos: A Look at CBN Governor Emefiele at the World Bank, IMF Spring Meeting
Per Second News Here’s a look back at what happened during World Bank/IMF Spring meeting in Washington.
