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CBN asks importers to trade with yuan instead of dollar 

CBN slashes interest rate to 13.5 percent — first time in three years 

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has for the first time in over three years adjusted interest rate downwards to 13.5% Addressing...

CBN asks importers to trade with yuan instead of dollar 

CBN cuts interest rate for the first time in three years

After retaining its interest rate at 14 percent for more than three years, the Central Bank of Nigeria (CBN) on Tuesday slashed it by 0.5 percentage point. The reduction...

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CBN tackles LCCI on forex restriction to textile importers

Central Bank of Nigeria Governor, Godwin Emefiele, on Monday said the recent measures announced by the apex bank to revive the Cotton, Garment and Textile sector was...

CBN says Nigeria spends $500m annually on palm oil importation 

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele on Monday said that over $500 million was being spent annually on the importation of palm oil. Emefiele said...

Nigeria loses $325m annually to textile smuggling

Do you support CBN ban on forex sale to textile importers?

This is like putting the cart before the horse. For the Federal government to say they are banning issuance of foreign exchange to textile companies is certainly not the...

CBN bans textile importers from accessing forex

CBN bans textile importers from accessing forex 

The Central Bank of Nigeria (CBN) has barred commercial banks and Bureaux De Change (BDC) operators in the country from selling of foreign exchange for the importation...

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I remain CBN governor till June — Emefiele 

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday said he would remain in charge of the apex bank till the end of his tenure in June. ...

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I remain CBN governor till June — Emefiele

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday said he would remain in charge of the apex bank till the end of his tenure in June....

Emefiele

CBN bars textile importers from accessing forex

The Central Bank of Nigeria (CBN) on Tuesday announced the restrictions of sale of foreign exchange to importers of textiles and other clothing materials. The CBN...

CBN asks importers to trade with yuan instead of dollar 

Emefiele: I’m still CBN governor 

The Central Bank of Nigeria (CBN) has dismissed claims that its governor, Godwin Emefiele has been sacked. The Director, Corporate Communications of CBN, Isaac Okorafor...

CBN asks importers to trade with yuan instead of dollar 

CBN defends forex restriction on 42 items

  Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday said the bank’s policy to restrict importers of some 42 items from accessing foreign...

CBN asks importers to trade with yuan instead of dollar 

CBN to provide N75bn financing boost to Dangote oil refinery

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, says the apex bank will provide N75 billion as financing to the 650,000 barrels a day Dangote oil refinery...