Tag: CBN

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AzeezApril 20, 2017

CBN pumps $100m into forex market

The Central Bank of Nigeria (CBN) has pumped an additional $100 million into the foreign exchange market, after releasing $280 ...

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AzeezApril 19, 2017

The Big 5: These are the stories you should be monitoring today

These are the top five stories you should monitor today. ‘Seized $50m: EFCC searches Peter Obi, Mu’azu, others’ Osborne flats’ ...

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AzeezApril 19, 2017

The YNaija Tracklist: I didn’t authorise Malabu oil deal – Adoke | ‘Seized $50m: EFCC searches Peter Obi, Mu’azu, others’ Osborne flats’ | More stories

From the papers this morning – a Tracklist. EFCC will decide fate of INEC RECs who received bribes – Presidency ...

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AzeezApril 19, 2017

CBN disburses $280m to SMEs, BDCs, others

The Central Bank of Nigeria on Tuesday injected fresh $280m into various sectors of the economy. The CBN said in ...

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AzeezApril 18, 2017

We don’t know the source of $50m discovered by EFCC – CBN

by Azeez Adeniyi The Central Bank of Nigeria has said it does not know the source of $50m discovered by ...

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AzeezApril 18, 2017

CBN introduces ‘Form X’ for SMEs to ease forex documentation

The Central Bank of Nigeria, CBN, has introduced the use of FORM X for SMEs that require basic documentation for ...

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Op-ed EditorApril 14, 2017

Peregrino Brimah: Emefiele, Sanusi chief suspects in massive robbery heist | Over $1bn raw currency found by EFCC

Peregrino Brimah Every time the EFCC via Whistleblowers makes a find of another stash of billions of naira, Nigerians sigh, ...

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Oludolapo AdelanaApril 13, 2017

CBN releases additional $250m for airlines, oil marketers, others

by Dolapo Adelana The Central Bank of Nigeria on Wednesday released additional $250m on seven to 30-day forwards for agriculture, ...

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Oludolapo AdelanaApril 2, 2017

CBN to sustain forex provision

by Dolapo Adelana The Central Bank of Nigeria has said it will continue its policy of providing foreign exchange with ...

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AzeezApril 1, 2017

We have released adequate forex for tution fee – CBN

by Azeez Adeniyi The Central Bank of Nigeria said it has released adequate amount of foreign exchange for the purpose ...

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Oludolapo AdelanaMarch 31, 2017

Inform us if any bank refuses to give you Forex in 24 hours, CBN tells Nigerians

by Dolapo Adelana The Central Bank of Nigeria has urged Nigerians to notify it if any bank refuses to sell ...

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AzeezMarch 31, 2017

CBN to begin sale of forex to BDCs twice weekly

The Central Bank of Nigeria on Thursday said it would from next Monday begin the sale of foreign exchange to ...

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AzeezMarch 31, 2017

‘EFCC invites more CBN officials over alleged forex manipulation’

by Azeez Adeniyi The Economic and Financial Crimes Commission (EFCC) has invited more senior officials of the Central Bank of ...

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SponsorMarch 30, 2017

Union Bank wins Most Efficient Bank in E-Reference Operations award

Union Bank, one of Nigeria’s longest-standing innovative banks, has been awarded the most effective bank in e-reference operations. This was ...

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Oludolapo AdelanaMarch 29, 2017

BREAKING: CBN licenses Development Bank of Nigeria

by Dolapo Adelana The Central Bank of Nigeria has licensed the establishment of the Development Bank of Nigeria (DBN). According ...

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SponsorMarch 28, 2017

CBN Cashless CardExpo Africa 2017: Get on board!

CardExpo offers a complete spectrum of event organization This is the one-stop event for everything payment in the African marketplace. ...

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Oludolapo AdelanaMarch 27, 2017

The Late 5: These are the stories that drove conversations today

by Dolapo Adelana These are the top five stories that drove conversations today. 1. Obasanjo’s former wife files suit to stop ...

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Oludolapo AdelanaMarch 27, 2017

Just In: CBN reduces exchange rate for travel allowances, school fees to N360

by Dolapo Adelana The Central Bank of Nigeria has reduced the exchange rate for travel allowances, medical allowances, and school ...

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RoqeebahMarch 25, 2017

130 underaged Nigerian girls trapped in foreign lands | 5 numbers that mattered this week

130 – Senior Special Assistant to the President on Foreign Affairs and Diaspora, Abike Dabiri-Erewa disclosed that 130 Nigerian girls are ...

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AzeezMarch 24, 2017

They asked me to resign, I refused | Emir Sanusi Lamido on his battles at the CBN

Emir of Kano, Muhammadu Sanusi II has said the praise singers around President Muhammadu Buhari are the real enemies of ...

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AzeezMarch 24, 2017

CBN offers $100m forex for corporate customers

The Central Bank of Nigeria (CBN) on Thursday offered the sum of $100 million to meet the requests of wholesale ...

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Oludolapo AdelanaMarch 23, 2017

Naira sells at N390/dollar

by Dolapo Adelana The Naira continued its steady rise against the Dollar on Thursday as it traded for N390 at ...

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Oludolapo AdelanaMarch 21, 2017

BREAKING: CBN sustains interest rate at 14 per cent

by Dolapo Adelana The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday sustained interest rate at 14 ...

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RoqeebahMarch 17, 2017

[The Presidential Blog] Watch how the governors rewarded President Buhari for dropping in on their NEC meeting

Yesterday, President Buhari decided to show some love to the members of the National Economic Council – the State Governors; ...

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AzeezMarch 14, 2017

CBN pumps fresh $195m into foreign exchange market

by Azeez Adeniyi The Central Bank of Nigeria on Tuesday released fresh $195m into the foreign exchange market. This was ...

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Oludolapo AdelanaMarch 11, 2017

N541bn debt: NCC, CBN halt Etisalat take over

by Dolapo Adelana The Central Bank of Nigeria (CBN) and telecom regulator, Nigerian Communications Commission (NCC) have halted the planned take ...

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AzeezMarch 9, 2017

CBN to intervene in Etisalat’s debt crisis

by Azeez Adeniyi The Nigeria Communication Commission on Thursday said the Commission and Central Bank of Nigeria (CBN) will intervene ...

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AzeezMarch 5, 2017

CBN directs banks to meet forex demands for school fees within 48 hours

by Azeez Adeniyi The Central Bank of Nigeria has asked Deposit Money Banks to meet demands for school fees, allowances ...

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SponsorMarch 5, 2017

Millennial in the marketplace: Lifestyles riding on Disruptive Payment Systems

Preparations are in top gear to host the annual CBN Cashless CardExpo Africa. According to Intermarc the organisers of the ...

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Oludolapo AdelanaMarch 4, 2017

Forex: CBN to inject additional $350m into interbank market

by Dolapo Adelana In continuation of its strategy to strengthen the naira against the dollar and other foreign currencies, the ...

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