Wednesday, August 15, 2018
Tags Posts tagged with "Central Bank of Nigeria (CBN)"

Tag: Central Bank of Nigeria (CBN)

Manufacturers urge CBN to reduce interest rate

The Manufacturers Association of Nigeria (MAN), has urged the Central Bank of Nigeria (CBN) to reduce its Monetary Policy Rate (MPR) from 14 per...

Investors’ wealth dips further as MPC retains rates

The decision by the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), to maintain status quo for the tenth consecutive session triggered renewed...

MPR to stay unchanged on sustained risk of capital flow reversals...

By Chioma Obinagwam Ahead of the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) on the 23rd through the 24th of...

Bank directors responsible for protection of customers’ data – CBN

Bank directors will henceforth be responsible for the protection and security of customers’ data against e-fradusters, the Central Bank of Nigeria (CBN) has directed. The...

CACOL accuses CBN of misappropriating ABP’s N55Bn

Centre for Anti-Corruption and Open Leadership (CACOL) has urged the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to probe the Central Bank...

Naira may remain stable over rising oil prices

By Odunewu Segun Investors see the Naira staying firm against the Dollar with higher prices of oil and a sustained effort by the Central Bank...

Meet Adebisi Shonubi, newly appointed CBN Deputy Governor

President Muhammadu Buhari has approved the nomination of Mr. Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of Nigeria (CBN).   Shonubi, whose appointment...

Banks daily borrowing from CBN hit N216bn

Merchants and Commercial Banks’ average daily loan requests from the Central Bank of Nigeria’s Standing Lending Facility (SLF) stand at N216.34 billion for 246...

Dollar: CBN moves closer to unify rates for banks, BDCs

The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin for operators of Bureau De Change (BDC) to N357/$1...

CBN’s spending on FX drops in 2017

Over $9bn was sold as foreign exchange to stabilize the Naira in 2017 as against the $12bn sold in 2016, a recently released annual...
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