N5.87b fine: CBN reviews new evidence from four indicted banks, MTN
The Central Bank of Nigeria (CBN) is reviewing new evidence from four banks and MTN Nigeria over the sanctions slammed on them by…
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CBN debits four banks N5.87b over illegal repatriation deals with MTN
The Central Bank of Nigeria (CBN) on Thursday made good its threat to fine four banks that breached its capital importation policy…
Sanctions: MTN fires back at CBN, denies involvement in illegal…
MTN Nigeria on Thursday refuted the claims by the Central Bank of Nigeria that it illegally, in collusion with four Nigerian banks…
CBN injects $543m, CNY 63m into Forex market
The Central Bank of Nigeria (CBN) has boosted the operations of the inter-bank foreign exchange market with about $543.22 million…
CBN orders banks to offer loans to agric, manufacturers at nine per cent
The Central Bank of Nigeria (CBN) will be refunding Cash Reserve Ratio (CRR) to banks that fund projects in agriculture and…
CBN to auction N33.4b Treasury Bills via Primary Market today
The Central Bank of Nigeria (CBN) will today conduct the sale of fresh treasury bills to investors.
During the exercise, the apex…
CBN releases fresh $210m into forex market
The Central Bank of Nigeria (CBN) on Tuesday released the sum of $210 million to the foreign exchange (forex) market.
This was…
Scarcity: CBN releases lower naira notes to traders
The Central Bank of Nigeria (CBN) says it has begun the disbursement of lower denomination of naira notes directly to the traders.…
Forex: CBN revised manual takes effect
The recently review manual for the foreign exchange (forex) market in the country took effect on Wednesday, August 1, 2018.
This…
CBN lists punishments for Naira mutilation offenders
The Central Bank of Nigeria (CBN) has once more warned against mutilating the naira. It also warned that any person caught…