THE liquidity mop-up activities of the Central Bank of Nigeria, CBN, through sale of secondary market treasury bills (TBs) will exceed N14 trillion mark by the end of this year.

INVESTORS are now raising their stakes in the equities market following the directive to the deposit money banks by the Central Bank of Nigeria (CBN) to exclude local corporates and individuals from participating in the Open Market Operation (OMO) auctions.

Access Bank Executive Director Victor Etuokwu says various monetary policies by the Central Bank of Nigeria (CBN) has created a virile banking sector, capable of safeguarding depositors’ funds.

Two Nigerian companies, Topwide Apeas and Jadeas Trust, have called on the Infrastructure Concession Regulatory Commission, ICRC, the Bureau of Public Enterprise, BPE, and the Board of the National Arts Theatre, to prevail on the Central Bank of Nigeria, CBN, and Bankers’ Committee to cease all plans for the redevelopment of the National Arts Theatre Complex, Iganmu, Lagos.

The Federal Government has extended the timeline for re-opening of its land borders with some neighbouring countries in the West Coast. The new date for the re-opening is now January 31, 2020.

OPay, a provider of payment, ride-hailing, food delivery and loan services, has been given approval by the Central Bank of Nigeria (CBN) to commence international money transfer.

By Gabriel Ewepu – Abuja The Managing Director and Chief Executive Officer of Nigeria Export-Import Bank, NEXIM, Abba Bello, yesterday, disclosed that the Central Bank of Nigeria, CBN, will soon off-take Nigeria gold at the international price. Bello made this known at the Nigeria-Canada Investment Summit 2019, held in Abuja while speaking on what NEXIM […]

THE Central Bank of Nigeria, CBN, under the leadership of Governor Godwin Emefiele, has stood out as not just the major backbone, but also a flagship of President Muhammadu Buhari’s economic policy recovery efforts.

By Henry Umoru Governor of Central Bank of Nigeria, CBN, Godwin Emefiele told the Senate on Tuesday that it was doing the little it could within its capacity for the development of the country. Speaking in Abuja ON Tuesday when he appeared before the Senator Solomon Adeola, APC, Lagos West led Senate Committee on Finance […]

Central Bank of Nigeria (CBN) Governor, Godwin Emefiele says ensuring price stability and growing the nation’s economy through unconventional policy is paying off. Emefiele stated this at the first Convocation Lecture of Edo University, Iyamho, Auchi on Friday. The governor said in spite of the criticism from certain quarters the bank would not be deterred […]

Emma Ujah The Governor of the Central bank of Nigeria (CBN), Mr Godwin Emefiele, at the signing of the Memoranda of Understanding (MoU) in Abuja, yesterday has described the “historic” deal involving the nation’s cotton farmers, textile companies and the military. The first MOU was between the National Cotton Association of Nigeria (NACOTAN) and Ginning […]

As ministry, GIZ, EU, UNIDO, HBS, others plan on disposal of expired battery By Chris Ochayi Worried by the negative impact of disposing of expired naira notes through burning on the environment, the Central Bank of Nigeria, CBN, disclosed yesterday that it has set aside a total sum of N500 million for the recycling of […]

The Central Bank of Nigeria (CBN) has said that 28 million bank customers have never received loans from their banks.

Worried by negative impact of disposing of expired naira notes through burning on the environment, the Central Bank of Nigeria, CBN, disclosed yesterday that it has set aside a total sum of N500 million for the recycling of old bank notes and other hazardous electronic materials that constitute environmental hazards.

The Central Bank of Nigeria (CBN)  has said that 28 million bank customers have no credit history,  meaning that they never received loans from their banks.