CBN

CBN wants to bank 190 million Nigerians by 2023

The Central Bank of Nigeria said it plans to ensure that 95 percent of eligible Nigerians have access to financial services by 2024....

Nigeria’s exchange rate remains stable -CBN

The Central Bank of Nigeria has denied allegations of changes in Nigeria’s exchange rate. ” There has been NO change in Nigeria’s exchange...

Nigerian Senate approves Emefiele for 2nd-term as CBN governor 

The Nigerian Senate has approved President Muhammadu Buhari’s request that Godwin Emefiele returns as central bank governor for a second term. Emefiele effectively...

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...