CBN

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.            

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...

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 in Nigeria to be...

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...