CBN
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CBN partnering MFBs to stimulate growth, promote financial inclusion
The Central Bank of Nigeria (CBN), says it is partnering with Microfinance Banks (MFBs), to enhance financial inclusion to stimulate…
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As CBN further raises MPR, Cardoso says Dangote Refinery ‘ll moderate FX pressure
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR)…
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CBN approves $20,000 each for eligible BDCs at N1,580 exchange rate
The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureaux De Change (BDCs) at…
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Bank customers task CBN on standard policy for dormant accounts
Customers of various banks have called on the Central Bank of Nigeria (CBN) and banks to institute a standard policy…
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CBN records $553m remittance inflows for July
The Central Bank of Nigeria (CBN), says it recorded a significant increase in remittance inflows of 553 million dollars in…
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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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