The Central Bank of Nigeria (CBN) Thursday said it has recovered and returned to customers illegal bank charges in excess of N60 billion imposed on customers by some commercial banks....
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The Central Bank of Nigeria (CBN) has disclosed that the official inflows of the remittances of Nigerians living abroad to the country was $2.6 billion and not $26 billion as quoted in some quarters.....
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In a related development, the Central Bank of Nigeria (CBN) yesterday allayed worries over the fluctuation in external reserves, assuring that with its current levels at over $44 billion, there’s no cause for alarm. The apex bank further assured that it will continue to ensure that finance is...
The Central Bank of Nigeria (CBN) has floated a new corporate bond issuance programme.
The issuance of the corporate bonds will support a long-term credit facility to Nigeria’s agriculture and manufacturing sectors. The spokesman for the CBN, Isaac Okorofor, explained that deposited money in...
The Central Bank of Nigeria (CBN) has injected $210 million into the foreign exchange market (Forex) to meet customers’ requests in various segments, Isaac Okorafor, Acting Director, Corporate Communications says.
In a statement on Tuesday in Abuja, he said $100 million was allotted to...
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Since the currency swap deal was announced by the Central Bank of Nigeria (CBN) on May 3, Nigerians have been going back on forth on.....…
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