CBN

CBN Sell-Off $418m To Aviation, Oil, Agric Sectors

The Central Bank of Nigeria (CBN) has  auctioned $418 million  at a marginal rate of N310 to a dollar, to…

7 years ago

Banks In Trouble, Failed CBN Stress Test

The Capital Adequacy Ratios (CARs) of three big banks have fallen below regulatory capital requirement, the result of stress test…

7 years ago

Banks’ Non-performing Loans Hit N2tn – CBN

A recently released report by the Central Bank of Nigeria has revealed that times are hard for banks in the…

7 years ago

Don’t Float Naira, Uwaleke Warns CBN

An economic expert, Prof Uche Uwaleke, on Wednesday urged the Central Bank of Nigeria (CBN ) to tread with caution…

7 years ago

CBN to Sustain Foreign Exchange Liquidity

The Central Bank of Nigeria (CBN) on Sunday reiterated its determination to sustain the provision of foreign exchange with a…

7 years ago

IMF Urges Nigeria to Remove Currency Curbs to Boost Economy

Nigeria should remove currency-trading restrictions and reduce its budget deficit and debt levels to help the economy recover this year,…

7 years ago

CBN introduces new FX rates

The Central Bank of Nigeria on Monday introduced new N360 per dollar as the new rate for invisibles, such as…

7 years ago

Naira at Six-Month High on Black Market – traders

The Naira firmed 1.1 percent on the black market on Wednesday to a six month-high of 430 per dollar, traders…

7 years ago

Nigeria Lays Naira Float to Bed and Attacks Currency `Criminals’

Nigeria’s central bank Governor Godwin Emefiele said he is committed to a currency regime that sent foreign investors fleeing from…

7 years ago

Cashless policy reduces banking service cost CBN

The Central Bank of Nigeria says the Cashless Nigeria policy has reduced the cost of banking services, increased awareness and…

7 years ago

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