Central bank of Nigeria

Discard your dollars to avoid tears, Naira will bounce back fast – Presidency

To avoid sorrow and tears, the Presidency has advised Nigerians to dispose of their dollars, predicting that the naira is bouncing back at...

The Journey To Economic Hades And The CBN’s Interventions – A PSN Analysis

  The year 2021, no doubts, will go down in the annals of our nation as a most challenging year, not only for...

Myriad of CBN’s policy and programme intervention: Stakeholders, industry watchers excited, laud apex bank’s leadership

  List achievements as getting Nigeria to exit recession faster than developed economies of the world, banning banks, others from facilitating trading and...

NOVA Bank appoints Emmanuel Onokpasa new Executive Director

NOVA Merchant Bank has announced the appointment of Mr Emmanuel Onokpasa as the Executive Director, Wholesale Bank and Treasury, as his appointment has...

Qualified Asset Managers get March 31 for expression of interest for InfraCorp

    The deadline for the expression of interest from qualified asset managers active in the infrastructure sector to manage the Infrastructure Corporation...

CBN reacts to Economic Summit Group’s criticism of economic recovery measures, blames 60 % drop in national revenue, forex inflows

The Central Bank of Nigeria (CBN) said on Wednesday that the over 60 percent reduction in revenues accruable to the Federation Account, significant...

COVID-19 : Organized Private Sector lauds CBN’s intervention in manufacturing and agribusiness sectors 

    The Central Bank of Nigeria’s planned disbursement of N93.2 billion out of N1 trillion intervention fund for manufacturing and agribusiness sectors has...

Turning the Covid-19 Tragedy into an Opportunity for a New Nigeria by Godwin Emefiele

    As many people are now aware, the outbreak of the Novel Coronavirus Disease (COVID-19) in China has rapidly permeated and profoundly changed the...

CBN injects $280.04m, CNY 28.3m into Retail SMIS

Nigerian central bank offered dealers in retail secondary market $280.04 million to meet demands in the agricultural and raw materials sectors as well...

Central bank of Nigeria says N500 billion is not missing from its vaults

CBN says it has no ‘missing’ or ‘stolen’ money problem The Central Bank of Nigeria on Sunday said that contrary to media report...

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 says inflation ‘resurgence’ a concern

As Nigeria leaves key rates unchanged ahead presidential election As the presidential election draws close, the Central Bank of Nigeria has held, again,...

CBN injects $210 million into Nigerian forex market

The Central Bank of Nigeria (CBN) intervened in the wholesale segment of the foreign exchange market, offering the sum of $100 million to...

CBN sells $317.52m, 58.40m CNY into Retail SMIS

The Central Bank of Nigeria (CBN) on Friday sold a total of $317.52 million and an additional 58.40 million Chinese Yuan into the retail...