CBN signs $2.5bn forex swap deal with China

  The Central Bank of Nigeria (CBN) on Thursday said it has signed a $2.5 billion…

CBN restricts transactions on USSD for funds transfer

The Central Bank of Nigeria (CBN) on Thursday placed restrictions on the use of Unstructured Supplementary…

CBN, NCC sign MoU on mobile money

The Central Bank of Nigeria (CBN) and the Nigerian Communication Commission (NCC) in Abuja on Tuesday…

CBN, NEXIM okays N500bn for manufacturers, others

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele on Monday said the apex bank and…

CBN targets $50bn in foreign reserves

The Central Bank of Nigeria (CBN) on Monday revealed that Nigeria’s foreign reserves hit $47.37 billion…

CBN retains main interest rate at 14%

The Central Bank of Nigeria (CBN) kept its main interest rate at 14 percent on Wednesday,…

UNILAG says CBN, BOI to fund local refinery project

The Vice-Chancellor of the University of Lagos, Professor Oluwatoyin Ogundipe, has disclosed that the university is…

CBN to hold MPC meeting in April

The Central Bank of Nigeria (CBN) plans to hold its next interest rate meeting April 3-4,…

CBN to delay rate meeting- Emefiele

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, on Thursday, said the bank will delay…

We won’t depend on import again, says President

President Muhammadu Buhari has said the country must never return to the dark days of import…

CBN urges Nigerians against investing in crypto currencies

The Central Bank of Nigeria (CBN) has cautioned Nigerians against investments in cryptocurrency, noting that virtual…

Naira: CBN issues traders smaller denominations to curb scarcity

The Central Bank of Nigeria (CBN) says it has commenced the disbursement of smaller naira notes…