House of Representatives Committee on Public Petitions has said it will probe alleged missing $60.3bn Petroleum Profit…
Tag: CBN
CBN injects $210m into FX market
As the Monetary Policy Committee of the Central Bank of Nigeria commenced its last meeting for…
Senate approves report exonerating MTN Nigeria over forex transfers
The Senate approved on Wednesday a report largely exonerating South African telecoms company MTN Group Ltd’s…
Buhari nominates Ahmad as CBN deputy governor
President Muhammadu Buhari has sent the name of Aisha Ahmad to the Senate for confirmation…
CBN holds benchmark interest rate at 14 pct
By Jite Eriabie The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has…
CBN holds benchmark interest rate at 14 pct – Emefiele
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has decided to hold…
CBN to sanction banks that don’t have forex sales point
The Central Bank of Nigeria on Monday threatened to sanction any Deposit Money Bank in breach…
CBN to offer liquidity support to boost Islamic banking
Nigeria’s central bank said on Thursday it is setting up two financial instruments to provide liquidity…
Nigeria down to two exchange rates — ‘naira devaluation needed to make it one’
Nigeria is finally down to what seems likes just two exchange rates; one is the official…
CBN releases $425m trapped funds to foreign airlines
The International Air Transport Association (IATA) has said that the Central Bank of Nigeria (CBN) has…
CBN releases $425m trapped funds to foreign airlines
The International Air Transport Association (IATA) has said that the Central Bank of Nigeria (CBN) has…