CBN
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. The...
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 Consolidation’...
Nigeria’s Economy Shows Steady Growth Fueled by Key CBN Reforms- Global Business, Financial Leaders
Washington —- Nigeria’s Central Bank Governor Godwin Emefiele, who is credited with the phenomenal growth of the Nigerian economy within the last two...
CBN considers tougher sanctions against banks hoarding forex
[dropcap]T[/dropcap]he Central Bank of Nigeria (CBN) Friday said it is reviewing ways to toughen sanctions against financial institutions in the country that hoards foreign exchange...
CBN to sell N62.4 billion in Treasury bills next week
[dropcap]T[/dropcap]he federal government will at an auction next Wednesday, sell N62.43 billion naira ($171 mln) of treasury bills, according to the central bank....
Despite IMF’s Forecast, Nigeria Economy To Grow 2.2 Per cent in 2017 Says FG
[dropcap]T[/dropcap]he federal government expects the economy to grow 2.2 percent this year, according to a strategy document cited by Reuters on Thursday. The...
Easing Will Pull Real Interest Rate Into Negative Territory- Emefiele
…Retains Monetary Policy, Other Policy Parameters. By Gift Olivia Samuel, Per Second News The Governor of the Central Bank of Nigeria(CBN),Mr Godwin Emefiele...
Skye Bank’s Liquidity Position has Stabilized, Says MD…Recovers N60billion from Debtors
[dropcap]S[/dropcap]kye Bank’s liquidity position and prime brokerage deposits have stabilized in recent weeks as it has successfully implemented cost management initiatives which has enhanced...
FOREX: CBN Announces Bids For Retail Auction
By Gift Olivia Samuel Abuja-The Central Bank of Nigeria (CBN) Wednesday announced bids for retail auction by authorized dealers in the inter-bank foreign...
Looking Ahead, Acting President Osinbajo Stoke Optimisim At NEC Meeting
Per Second News—-The Day in Pictures: The National Economic Council, NEC, is composed of all the 36 state governors, the minister of the...
CBN Lifts Foreign Exchange Market with $195m
By Gift Olivia Samuel, Per Second News Abuja-The Central Bank of Nigeria (CBN), on Wednesday disclosed that it intervened in various segments of...
Wema Bank Hit by N5.2billion Oil Deal Scandal…Accused of Issuing N346m Dud Cheques
Per Second News—A band of crime fighters have blown the lid off a banking scam perpetrated by the management of WEMA Bank PLC....
