Naira closes at N362.5 to dollar at I&E window
The Naira on Wednesday exchanged at N362.58 to the dollar at the investors window as investors traded a total of ...
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Tag: CBN
MPC: experts applaud CBN decision on lending rate
Financial experts on Wednesday described as futuristic and pragmatic the decision of the Central Bank of Nigeria (CBN) to retain ...
CBN defends stance on foreign exchange restriction on 42 items
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Tuesday said the bank’s policy to restrict importers of ...
MPC retains MPR at 14% amid rising global, domestic risk
The Monetary Policy Committee (MPC) has retained the Monetary Policy Rate at 14 per cent to combat inflation due to ...
CBN leaves rates unchanged as IMF downgrades growth
In a widely expected move, the Central Bank of Nigeria (CBN) has left interest rates unchanged at 14% for January. ...
CBN approves compensation for 550,000 rice farmers affected by flood
The Rice Farmers Association of Nigeria (RIFAN) said the Central Bank of Nigeria (CBN) has approved compensation for over 550,000, ...
CBN injects $210m into forex market
The Central Bank of Nigeria (CBN) has sustained its intervention in the Inter-Bank Foreign Exchange Market by injecting 210 million ...
CBN Softens Rules Shielding Banks From Wireless Rivals
The Central Bank of Nigeria (CBN) is preparing rules that will allow wireless carriers to transfer cash, softening a previous ...
Nigerians project rise in inflation, borrowing rates in next 12 months — CBN report
Some Nigerians have projected rise in inflation and borrowing rates as well as naira appreciation in the next 12 months. ...
CBN injects $210m into foreign exchange market
The Central Bank of Nigeria (CBN) says it has injected 210 million dollars into the various segments of the market ...
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