CBN

Nigerian Manufacturers Boosted by CBN’s New Forex Policy

The Nigerian central bank’s creation of a market-driven foreign-currency window has given hope of revival to manufacturers faced with closure…

8 years ago

CBN Bars UBA, GTB, First Bank, 11 Others from FOREX Market

The Central Bank of Nigeria (CBN), on Tuesday, barred First Bank, the United Bank for Africa(UBA) and 12 others from…

8 years ago

CBN Mops Up Liquidity to Support Naira

Nigeria sold 107.64 billion naira ($353 million) in treasury bills on Friday in a move to soak up excess liquidity…

8 years ago

Floating the Naira- CBN Resists IMF

The Central Bank of Nigeria has resisted calls from the International Monetary Fund (IMF) to float the naira, suggesting that…

8 years ago

CBN Releases $380m in 2 days, Naira Gains

The Central Bank of Nigeria, CBN has pumped a total $380million within two days into the Foreign Exchange Market. And…

8 years ago

CBN Releases $280m to SMEs, BDCs, Others

The Central Bank of Nigeria further intervened on the state of foreign exchange on Tuesday with the injection of another…

8 years ago

No Madam, Please Let’s Not Go There By Alex Otti

cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote…

8 years ago

CBN Sell-Off $418m To Aviation, Oil, Agric Sectors

The Central Bank of Nigeria (CBN) has  auctioned $418 million  at a marginal rate of N310 to a dollar, to…

8 years ago

Banks In Trouble, Failed CBN Stress Test

The Capital Adequacy Ratios (CARs) of three big banks have fallen below regulatory capital requirement, the result of stress test…

8 years ago

Banks’ Non-performing Loans Hit N2tn – CBN

A recently released report by the Central Bank of Nigeria has revealed that times are hard for banks in the…

8 years ago

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