The Senate on Wednesday passed a resolution calling on the Central Bank of Nigeria (CBN) to…
Tag: CBN
Nigeria’s foreign reserve still strong, says CBN
Central Bank of Nigeria (CBN) has explained the recent reduction in the level of the country’s…
Currency printing: CBN acquires FG’s 12.4bn shares in NSPM
The Central Bank of Nigeria (CBN) and the Bureau of Public Enterprises(BPE) have signed an agreement…
CBN to sell Chinese yuan in second auction
The Central Bank of Nigeria (CBN) on Friday asked lenders to submit bids for the Chinese…
Banks to loan manufacturing, agric sectors at 9% interest
The Central Bank of Nigeria (CBN) on Thursday said it will support lenders to enable them…
CBN says forex inflow hit $91bn in 2017
The Central Bank of Nigeria (CBN), has said the cumulative foreign exchange inflow into the country…
CBN: Yuan currency swap will reduce substandard goods importation
The Central Bank of Nigeria (CBN) has said the currency swap agreement reached with the People’s…
Yuan currency swap not for substandard imports – CBN
The Central Bank of Nigeria (CBN) has said the currency swap agreement reached with the…
CBN injects $210m into currency market
The Central Bank of Nigeria (CBN) has injected $210 million into the interbank foreign exchange market.…
CBN auctions Chinese currency in first yuan sale
The Central Bank of Nigeria (CBN) sold yuan at a range of N49-N51 at its first…
CBN keeps interest rate at 14%
The Central Bank of Nigeria (CBN) has kept its main interest rate at 14 percent on…