CBN
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FG grows foreign reserves by $4bn – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says Nigeria’s foreign reserves grew by four billion…
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CBN offers $876m to fx markets, pledges more liquidity support
The Central Bank of Nigeria (CBN), has offered 876 million dollars to the foreign exchange (fx) markets to fulfill bids…
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CBN adopts Retail Dutch Auction to promote price discovery
The Central Bank of Nigeria (CBN) has confirmed that it undertook the sale of foreign exchange (Fx) to end users…
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Consolidation: CBN approves financial accommodation for merger of Unity, Providus banks
The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between…
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Africa needs support of global partners for economic growth, says Cardoso
Mr Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has urged African countries to leverage the support…
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CBN sells $148m to authorised dealers
The Central Bank of Nigeria (CBN) says it sold a cumulative amount of 148 million dollars to authorised dealers in…
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CBN raises MPR by 50 basis points, despite soaring inflation
The Central Bank of Nigeria (CBN), on Tuesday, again raised the Monetary Policy Rate (MPR), the benchmark interest rate by…
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CBN introduces new regulations for dormant accounts, unclaimed funds
The Central Bank of Nigeria (CBN) has implemented stricter regulations for managing dormant accounts and unclaimed financial assets in banks…
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Economy has witnessed growth, stability says CBN
The Central Bank of Nigeria (CBN) said in Abuja on Friday that its monetary policies and actions have stimulated growth…
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CBN sells Dollar at N1,450 to BDCs, caps forex profit at 1.5%
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible Bureau de Change (BDC)…
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