CBN injects $210m into Forex Market as Naira sells for N305/$1
The Central Bank of Nigeria (CBN) on Monday injected $210 million into various segments of the inter-bank market as the value of…
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I’m Hopeful MPC Meeting Will Hold Next Week—Emefiele
Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, has expressed optimism that the first Monetary Policy Committee (MPC)…
Pyramid of lies: How Amosun packaged sand as Mitros Rice to unsuspecting…
Governor Ibikunle Amosun of Ogun State on Thursday, December 21 launched the state's specially produced, processed and packaged…
CBN orders DMBs, Microfinance institutions to open 7.6m new savings…
The Central Bank of Nigeria (CBN) has ordered all Deposit Money Banks (DMBs) and Microfinance banks to open 7,608,180 new savings…
BDCs beg CBN to reduce exchange rate from N360 to N350/$1
Some Bureau De Change (BDC) operators under the aegis of Association of Bureaux De Change Operators of Nigeria (ABCON) have…
CBN, RIFAN to crash price of rice
The National President, Rice Farmers Association, Alhaji Aminu Goronyo, has assured Nigerians that the market prices of locally…
NCC, CBN to sign MoU to curb electronic banking fraud
The Nigerian Communications Commission, NCC, is set to sign a memorandum of understanding (MoU) on measures to curb electronic…
CBN injects $210m into currency market
The Central Bank of Nigeria said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market,…
Reduce lending rate to farmers, Ogbeh begs CBN
The Minister for Agriculture, Chief Audu Ogbeh has appealed the management of the Central Bank of Nigeria (CBN) to reduce lending…
CBN, NEXIM approve release of N550b loan to non-oil exporters
The Central Bank of Nigeria (CBN) and Nigeria Export-Import Bank (NEXIM Bank) have approved the release of N550 billion loan to…