Tag: Central Bank

Central Bank Injected $195m in FOREX Market

Tanimu- October 24, 2017

Olalekan Ajayi, Abuja: The Central Bank of Nigeria (CBN) on Monday, October 23, 2017, injected the sum of $195million into the inter-bank Foreign Exchange Market. ... Read More

Exclusive Profile of Aisha Ahmad Nee Ndanusa, The New CBN Deputy Governor

Tanimu- October 6, 2017

Aisha Ahmad is also known at home as Aisha Ahmad Nee Ndanusa, she was Born to the family of Alhaji Umaru Ndanusa, former Chairman Peugeot ... Read More

RE: Central Bank of Nigeria Deputy Governor Arrested

Tanimu- October 5, 2017

Olalekan Ajayi, Abuja: The attention of the Central Bank of Nigeria (CBN) has been drawn to a newspaper report alleging that one of its Deputy ... Read More

Central Bank Nigeria Inter-Bank Foreign Exchange Market To The Tune of $364m

Tanimu- August 16, 2017

The Central Bank of Nigeria (CBN) on Tuesday, August 15, 2017, intervened in the Inter-Bank Foreign Exchange Market to the tune of $364million in a ... Read More

Central Bank Pegs Lending Rate Unchanged At 16 Percent

Tanimu- August 2, 2017

Angola’s Apex bank kept its benchmark lending rate unchanged at 16 per cent following a policy meeting on July 31, the regulator said in a ... Read More

Nigeria’s FOREX Reserves Hit $30b

Arowobusoye Samuel- March 13, 2017

NAN: Nigeria’s foreign exchange (FOREX) reserves rose above $30 billion as of March 8 to its highest level since October 2015, central bank data showed on ... Read More

Nigeria’s Central Bank and NCC Steps In Over Etisalat Loan

Tanimu- March 10, 2017

Tony Ojobo, Abuja: After a meeting Thursday afternoon in Abuja between the Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof. Umar Danbatta and ... Read More

CBN Revealed The Secret Behind Nigeria Naira Waxing Stronger

Arowobusoye Samuel- March 3, 2017

By Racheal Ishaya (NAN): The Central Bank of Nigeria (CBN) said the recent appreciation of the Naira against other currencies was the result of its market ... Read More

FG Packaging Urgent Relief For Poultry Industry, Says AG. President

Abdul Jimoh- February 24, 2017

Acting President Yemi Osinbajo On Poultry Farmers Laolu Akande, Abuja; In his second meeting with representatives of the poultry industry in a week, Acting President ... Read More

Senate Committee on Banking Commends CBN Policies

Arowobusoye Samuel- October 18, 2016

CBN Logo Senate committee on banking, insurance, and other financial institutions has commended the monetary policies initiated by the central bank to reposition the economy ... Read More

CBN Clears The Air On Forex Concession For Pilgrims

admin- August 10, 2016

  The Central Bank of Nigeria, CBN has cleared the air over the personal travel allowance agreement for pilgrims which has sparked an outrage in ... Read More

Reduction of N1.04 Trillion MTN Fine – Senate Expresses Dismay

Arowobusoye Samuel- June 20, 2016

The Senate has summoned the Attorney General, Governor of Central Bank, Minister of Communication and Accountant General of the Federation to come and explain their ... Read More

The Three Changes Nigeria Needs – President Muhammadu Buhari

Henry Solomon- June 14, 2016

Muhammadu Buhari, President, Federal Republic of Nigeria. WSJ(New York): Nigeria is at a crossroads. Just over a year ago, people voted in a historic democratic ... Read More

Naira/Chinese Yuan Swap Will Boost Economy – Bureau De Change

Henry Solomon- April 16, 2016

Alhaji Ibrahim Yelwa, a bureau de change operator in Sokoto, says the recent currency swap agreement between Nigeria and China will boost bilateral trade between ... Read More

Naira Maintains Exchange Rate At N322 to Dollar In 2 Days, Highest In 3 Months

Henry Solomon- March 30, 2016

The Naira maintained its exchange rate at N322 to a dollar 2 days after Easter break. It also remained firm against the two other major currencies, ... Read More

Interim Report Unearths Fraudulent Dasuki

Arowobusoye Samuel- November 18, 2015

Muhammadu Buhari, President of Nigeria. President Muhammadu Buhari has received the interim report of the panel auditing procurement of arms & equipment for the Armed ... Read More

The Facts about Nigeria’s Excess Crude Account and Foreign Reserves Position

Arowobusoye Samuel- January 8, 2015

A STATEMENT BY THE FEDERAL MINISTRY OF FINANCE  This statement is issued to, once again, clarify the facts of the recent history and status of ... Read More

Sanusi Lamido Sanusi Emerges As The 14th Emir Of Kano

admin- June 9, 2014

Emir of Kano, Sanisi Lamido Sanusi by Abduallhi Mustapha Governor Rabiu Musa Kwankwaso has approved the nomination of the immediate past governor of the Central ... Read More