CBN explains cause of smoke at head office
The Central Bank of Nigeria has denied reports that a section of its head office in Abuja was razed by fire on Tuesday evening. The bank's spokesman Isaac Okoroafor said the smoke passersby saw was an unusual pall of exhaust from one of the power generators on the premise. He explained that smoke triggered the…
IMF acknowledges CBN’s monetary policy success
The Central Bank of Nigeria (CBN) is relishing the success of its monetary policy, especially regarding the foreign exchange, as the efforts have been finally acknowledged by the international financial community.
CBN injects $210m into forex market
The Central Bank of Nigeria (CBN) has sold $210 million at the Foreign Exchange Market (Forex) as the Monetary Policy Committee (MPC) began its last meeting for 2017.
Emefiele, Eguavoen count benefits in CBN Financial Institutions tourney
Central Bank of Nigeria Governor, Godwin Emefiele says the apex bank will continue to provide the sporting platform for the discovery of more world class athletes for the country.
CBN begins weekly sales of forex to BDCs
NMigeria's central bank Friday said it would begin sales of forex to bureaux de change (BDC) in the country twice weekly in the bid to sustain liquidity in the foreign exchange market.
Nigeria to export rice in 2017, says CBN
The Central Bank of Nigeria (CBN) has predicted that based on the success of its agricultural financing, the country would begin the exportation of rice in 2017.
How goverment plans to ease hardship, by CBN
The Central Bank of Nigeria (CBN) yesterday unfolded policies to reduce hardship of Nigerians and the current economic recession.
Skye Bank gets CBN’s guarantee, Kogi’s IGR collection
Skye Bank Plc has received regulatory pass mark as the Central Bank of Nigeria (CBN) as instituted a credit guarantee line for the lender. The development which serves as affirmation ...