CBN
POS merchants want CBN to change policy on charge-back
The POS Merchants Association of Nigeria has called on the Central Bank of Nigeria (CBN) to change its policy to charge-back claims on POS transactions as fraud increases. The post
CBN to reduce wheat import by 60% in 2yrs
CBN By Babajide Komolafe The Central Bank of Nigeria (CBN) has concluded plans to reduce importation of wheat by 60 percent over the next two years under its import substitution
Experts flay CBN’s FX management approach, seek end to price-fixing
Chief Executive Officer, EFG Hermes Nigeria, Lilian Olubi, has said that the price-fixing regime in the foreign exchange (forex) market is a deterrent to Foreign Portfolio Investors The post Experts
Monetary policy, corporate results spur equity performance
*Investors gain N368bn By Peter Egwuatu The stock market swung back into positive territory yesterday following the retention of the Monetary Policy Rate, MPR, at 11.5 per cent by the Central
CBN disburses N1.487trn to boost food security
The Central Bank of Nigeria (CBN) says it has disbursed N1.487 trillion under its various agricultural programmes to boost food security. The CBN Governor, Mr Godwin Emefiele, made this known
Kano Assembly approves Ganduje’s N20bn loan request
The Kano State House of Assembly has approved Gov. Abdullahi Umar Ganduje’s request to access N20 billion domestic loans to fund capital projects. The post Kano Assembly approves Ganduje’s N20bn
There’s enough forex for obligations – CBN
CBN …Hold rate at 11.5 % …As Foreign reserve hits $36. 5 b …MPC worries over insecurity in food producing areas Emma Ujah, Abuja Bureau Chief The Central Bank of
CBN retains MPR at 11.5%, parameters constant amidst policy dilemma
Godwin Emefiele, CBN Governor. In the midst of confessed policy dilemma and other monetary considerations, the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has retained the Monetary Policy
47 IMTOs get approval to operate in Nigeria
The Central Bank of Nigeria (CBN) has approved 47 companies to operate as international money transfer operators (IMTOs), an effort interpreted as a move towards breaking the historical dominance The
DMO lists N162.6b third Sukuk on NGX platform
The Debt Management Office (DMO), yesterday, listed the N162.557 billion seven-year Ijarah Sukuk with a rental rate of 11.20 per cent on the floor of the Nigerian Exchange (NGX) Limited.
