central bank of nigeria news

The Central Bank of Nigeria (CBN), on Friday, August 10, 2018, injected the sum $327,440,499.50 into the interbank retail Secondary Market Intervention Sales.... Read more via TODAY.NG – https://ift.tt/2vRpcP2 Get more: Nigeria Business News

The Central Bank of Nigeria (CBN), and Linking the Youth of Nigeria through Exchange (LYNX), have identified the diversification of means of approach towards educating the Nigerian youths to become financial literate in order to develop self-sustainability at a young age of paramount importance...

Two weeks after the Central Bank of Nigeria (CBN), announced its readiness to buy Commercial Paper (CP), from large companies in order to lend to them at single digit interest rate, some of the firms are still awaiting its directives..... Read more via – The Sun News – https://ift.tt/2ONXD1T...

A presidential aspirant and former deputy governor of Central Bank of Nigeria (CBN), Kingsley Moghalu has pledged N1 trillion ‎venture capital and credit fund that would fast-track and guarantee access to finance for small businesses if elected. Muoghalu who was a guest speaker at … Read more...

North East Commodity Association (NECAS) in collaboration with the Central Bank of Nigeria (CBN) has commenced the distribution of farming inputs for 2018 wet season to 27,000 farmers in the region. The National president NECAS, Alhaji Sadiq Deware, who stated this in Gombe during the …...

The Central Bank of Nigeria, CBN, yesterday restated its commitment to the economic well-being of all Nigerians. The participants were assured that the apex bank will commence the circulation of a lower denomination of the Naira notes to end the scarcity of these notes. Read more via...

A former governor of the Central Bank of Nigeria (CBN), Prof Charles Soludo, on Wednesday, August 1, called on the federal government to implement the All Progressives Congress (APC) committee’s report on restructuring as a step to re-position the country.... Read more via Nigeria News today...

The Central Bank of Nigeria (CBN) says it has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market this week. The CBN, in its quest to meet customers’ needs in the various segments of the market offered $100million to … Read...

As the Central Bank of Nigeria begins the implementation of the $2.5bm currency swap agreement, financial experts have said that the deal would rapidly boost Nigeria’s foreign reserves position within the next few weeks. The analysts said this during separate telephone interviews with our...

Director, Banking and Payment System Central Bank of Nigeria (CBN), Mr. Dipo Fatokun who also doubles as the chairman of the Nigerian Electronic Fraud Forum (NeFF), in this interview on the sidelines at the unveiling of the 2017, NeFF Annual Report, spoke on the measures being taken to … Read...

Following last week’s take-off of its intervention in the sale of foreign exchange in Chinese Yuan (CNY), the Central Bank of Nigeria (CBN), on Friday, July 27, 2018, injected the sum $340, 507, 376.51 into the interbank retail Secondary Market Intervention Sales. This is … Read more via...

The Central Bank of Nigeria has decried the growing abuse of the naira through squeezing, selling, spraying and marching on foot while dancing at public functions as well as hoarding by some citizens. The CBN Governor, Mr Godwin Emefiele, warned that henceforth culprits caught in … Read...

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The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent. The CBN Governor, Mr Godwin Emefiele, announced the decision of the committee at the end of a two-day meeting held at the apex … Read more via Punch Newspapers –...

Recently, the Central Bank of Nigeria (CBN) claimed to have recovered over N65billion as illegal charges wrongfully deducted from customers’ deposits and other transactions within the banking system. The apex bank said that the money was recovered from commercial banks and had since been...

Director, Banking and Payment System Central Bank of Nigeria (CBN), Mr. Dipo Fatokun who also doubles as the chairman of the Nigerian Electronic Fraud Forum (NeFF), in this interview on the sidelines at the unveiling of the 2017, NeFF Annual Report, spoke on the measures being taken to …...

The Central Bank of Nigeria says it has recovered over N65bn from commercial banks in the country for wrongful deductions and charges from customers’ deposits and other transactions in the last six years. The Acting Director, Corporate Communications, … Read more via Nairaland –...

The House of Representatives yesterday urged the Central Bank of Nigeria (CBN) to commence immediate withdrawal of mutilated naira notes from all banks, and replace them with new notes, especially the N100 notes. The House also mandated its Committee on Banking and Currency to investigate the...

Less than one percent of Microfinance Banks, MfBs, licenced by the Central Bank of Nigeria, CBN, have national licence to operate in the country. Data obtained from the CBN website showed that out of the 1,028 MfBs licenced … Read more via Vanguard News – https://ift.tt/2L5qAXY Get more...

The Central Bank of Nigeria (CBN) has revealed that the level of banking sector non- performing loans (NPLs) has declined from as high as 16.21 per cent it was … Read more via Thisdaylive – https://ift.tt/2L0mZY5 Get more: Nigeria Business News