CBN urges financial operators to diversify products
The Central Bank of Nigeria (CBN), has urged insurance operators in the country to ensure diverse insurance products to enable more citizens to key into insurance.
CBN, Emefiele can’t reveal cost of Buhari’s UK treatment- Court
The Abuja Division of the Federal High Court, on Tuesday, declined to compel the Central Bank of Nigeria, CBN, and its Governor, Godwin Emefiele, to disclose how much that was expended on President Muhammadu Buhari’s medical treatment in the United Kingdom last year.
CBN reduces BDCs dollar rate
The Central Bank of Nigeria, CBN, Monday reduced the rate at which it sells dollars to BDCs to N357 per dollar, down from N360 per dollar.
CBN gives approval to Africa’s first farmers’ MfB
THE Central Bank of Nigeria, CBN, has given approval to Africa’s first farmers microfinance bank to operate in the Unit Category in Nigeria.
External reserves fall by $177m in 2 weeks
THE appreciation recorded by the naira in the various segments of the foreign exchange market last week is expected to persist this week, even as the external reserves continued on a downward trend, falling by $177 million in two weeks, due to increased dollar sales by the Central Bank of Nigeria, CBN, in its effort to stem the depreciation of the naira.
Economic expansion persists but at slower pace — CBN
Central Bank of Nigeria, CBN, yesterday, released its Purchasing Managers Index (PMI) Report for May, 2018 which indicated that though economic expansion persisted for the fourteenth month in manufacturing and non-manufacturing sectors, the rate of expansion has slowed down.
