Tag: CBN
Financial experts have commended the foreign exchange intervention move of the Central Bank of Nigeria (CBN), stating that it would defend the naira from depreciating and stabilise the economy. The experts gave their commendation in ...
The Senate has urged the Central Bank of Nigeria(CBN), to suspend the Automated Teller Machine(ATM) card maintenance charges pending outcome of investigation into alleged sharp practices by banks. The senate also resolved to invite the ...
The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, says maintaining stable exchange rate to avoid depreciation of the Naira is better than building foreign reserve buffers. Emefiele told newsmen on Sunday that this ...
The Minister of State for Petroleum, Dr Ibe Kachikwu, has said that it would be sad if the nation’s refineries are not functional by the end of 2019. According to him, the present administration is committed ...
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Wednesday said the apex bank was duly committed in positioning the economy on the path of growth by supporting small businesses in the country. ...
Central Bank of Nigeria (CBN) has made available 210 million dollars to meet customers’ requests in various segments of the foreign exchange market, Mr Isaac Okorafor, the acting Director, Corporate Communications, CBN, said in a ...
The Central Bank of Nigeria (CBN) said the Nigeria-China currency swap deal would not cover the importation of the 41 items banned in its 2015 circular on items not valid for foreign exchange. CBN’s acting ...
The Central bank of Nigeria has urged Nigerians of their right to demand new notes from banks and reject dirty notes as the CBN continues its efforts to rid the country of dirty currency. Isaac ...
The House of Representatives on Wednesday urged the Central Bank of Nigeria (CBN) to comply with law that established the bank. The lower chamber particularly asked the apex bank to adhere to Section 50(1) of ...
If indications coming from the Central Bank of Nigeria are anything to go by, the Chairmen and Chief Executive Officers (CEOs) of some banks in the country may soon be sanctioned or even removed by ...
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