CBN boosts foreign exchange market with $210m
The Central Bank of Nigeria (CBN), has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange to customers.
Is CBN’s MPC stronger than Buhari?
THE APC Presidential Candidate, Muhammed Buhari, clearly raised public expectation when he promised, at a campaign rally on Monday, March 23, 2015, at Dan Anyiam Stadium, Owerri, that he would “ensure that Naira was equal to dollar value,” if he became President. The News Agency of Nigeria and several Newspapers published this report.
CBN to lend directly to companies through Commercial Papers
Determined to make low-interest, long-term funds available to the real sectors of the nation’s economy, the Central Bank of Nigeria (CBN) yesterday, announced its readiness to lend to large companies in the country by buying Commercial Papers (CPs) issued by such firms.
Why CBN, finance ministry are part of WCO training-Yahaya
The Apapa Command of Nigeria Customs Service, NCS, has said that the Central Bank of Nigeria, CBN, and Ministry of Finance were selected to be part of the World Customs Organisation, WCO, national workshop on Time Release Study, TRS, for cargo clearance in the ports because of the crucial roles they play in cargo clearance.
We’ve recovered N65bn from commercial banks for wrong deductions — CBN
ASABA—THE Central Bank of Nigeria, CBN, says it has recovered N65 billion from commercial banks for wrong deductions and charges, restating its resolve to arrest and prosecute those hawking naira notes.
eTranzact deepens financial inclusion through CBN-funded SANEF initiative
eTranzact is set to deepen financial inclusion by expanding its PocketMoni service with 10,000 active mobile money agents, through the CBN-funded Shared Agent Network Expansion Facility, SANEF, initiative.
