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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

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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

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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

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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.

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CBN to sell N570bn Treasury Bills by Q2’21

CBN By Elizabeth Adegbesan MONEY MARKET The Central Bank of Ni Nigeria, CBN, said it will sell N570 billion worth of Treasury Bills (TBs) in the second quarter of 2021

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Naira4dollar scheme: Another boost for remittance inflows?

By Babajide Komolafe The price of crude oil has been on the upward trend since November 30 last year, courtesy of the production cut by OPEC+ and the recent drone

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Customers to pay N6.98 for USSD transaction – CBN

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have introduced new charges for customers for the Unstructured Supplementary Service Data (USSD) services, effective March 16. This

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Breaking: Bank customers to pay N6.98k for USSD transactions — CBN, NCC

Godwin Emefiele, CBN Governor. By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, and Nigerian Communications Commission (NCC) today said that bank customers are to begin paying N6.98 kobo per

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BDC operators declare war against currency speculators

The Central Bank of Nigeria (CBN)-licensed Bureau De Change (BDC) operators have declared operational war against foreign exchange speculators and black market dealers whose activities they accused of distorting the

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ACGSF: CBN gives award to three farmers in Delta 

CBN By Festus Ahon, ASABA THE Central Bank of Nigeria, CBN, Asaba branch, weekend, rewarded three overall best farmers in Delta State under its Agricultural Credit Guarantee Scheme Fund, ACGSF.