CBN asks lenders to bid for Chinese yuan

The Central Bank of Nigeria (CBN) on Friday asked lenders to submit bids for the Chinese…

CBN injects $210m into forex market

The Central Bank of Nigeria (CBN), on Tuesday, said it had injected $210 million into the…

CBN asks importers to trade with yuan instead of dollar 

The Central Bank of Nigeria (CBN) is wooing local businesses importing goods from China to use…

CBN woos importers to trade with Chinese yuan

The Central Bank of Nigeria (CBN) is wooing local businesses importing goods from China to use…

CBN: Foreign reserves can fund 16 months of imports

The Central Bank of Nigeria (CBN) says the current state of the nation’s foreign reserves can…

Buhari approves appointment of 4 non-executive CBN directors

President Muhammadu Buhari has approved the appointment of four non-executive directors for the Central Bank of…

CBN to begin auction of Chinese yuan

By Omotilewa Quadri   The Central Bank of Nigeria (CBN), will next month begin to auction the…

CBN to begin auction of Chinese yuan

  The Central Bank of Nigeria (CBN), will next month begin to auction the Chinese yuan…

CBN slashes BDCs dollar rate

The Central Bank of Nigeria (CBN) on Monday slashed the rate at which it sells dollars…

CBN injects $210m into currency market

  The Central Bank of Nigeria (CBN), said on Wednesday it has injected $210 million into…

CBN mandates banks to sell forex to customers over the counter

By Omotilewa Quadri Nigerians travel-ling overseas can now heave a sigh of relief following the release…

CBN keeps interest rate at 14%

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