Wednesday, November 22, 2017
Tags Posts tagged with "Central Bank of Nigeria (CBN)"

Tag: Central Bank of Nigeria (CBN)

CBN retains interest rate, calls for quick passage of 2018 budget

  The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate at 14 percent. The apex bank also...

CBN reiterates commitment to real sector, injects $210m into 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...

Naira remains stable as CBN injects additional $195m

The Central Bank of Nigeria has continued its sustenance of FOREX liquidity by injecting another $195 million into the inter-bank Foreign Exchange Market, even...

Finally Banks release details of customers with no BVN

In an apparent move to comply with the court order obtained by the government, commercial banks in the country have handed over details of customers without...

CBN reviews settlement banking arrangement, sets new rules

The Central Bank of Nigeria (CBN) has reviewed the settlement banking arrangements for banks and merchant banks. The CBN’s Monetary, Credit, Foreign Trade and Exchange...

CBN to ease stance on interest rate, others soon

The Central Bank of Nigeria (CBN) may change its monetary policy stance next year from the current tightening position to an easing stand that...

NCC, CBN sign MOU on mobile money operations

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have signed a memorandum of understanding with respect to mobile money. Executive Vice Chairman...

IMF warns Nigeria against refinancing local debts with foreign loans

  The International Monetary Fund (IMF) has warned the federal government any attempt to refinance local debts with low interest foreign facility will expose the...

Naira remains stagnant despite $480m intervention

External reserves hit $33.6bn   By Odunewu Segun Nigeria’s Naira remained stagnant in the foreign exchange market over the weekend despite the $480.7 million intervention by...

Expert tackles Emefiele over inflation rate promises

Central Bank of Nigeria’s (CBN) Governor, Godwin Emefiele speculative statement at the weekend that he expected inflation rate to fall at a faster pace...
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