The Central Bank of Nigeria (CBN), yesterday, said it will henceforth sanction banks and other financial institutions (OFIs) that violate regulations guiding   end-to-end electronic payment of salaries, pensions and other remittances, suppliers and revenue collections.

ASSOCIATION of Bureaux De Change Operators of Nigeria, ABCON, has called on the Central Bank of Nigeria, CBN, to implement provisions of its 2014 circular which makes BDCs direct agents of international money transfer operators, IMTOs, as obtained in other countries.

The Edo State Governor, Mr. Godwin Obaseki, has said that the state government is in discussions with the Central Bank of Nigeria (CBN), to develop a programme that will see investors taking up 100,000 hectares of agricultural land in the state for plantation development.

The Central Bank of Nigeria (CBN) said it  will introduce new  capital requirements for banks  in the second quarter of 2019, a move that threatens to heap pressure on lenders already weighed down by bad loans.

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday cautioned the federal government on the sharp increase in the size of the nation’s external debt which rose by 109 percent to $21.6 billion as at September 30th 2018, from $11.28 billion on June 30th, 2015.

Gov. Ifeanyi Okowa of Delta has inaugurated a 14-man Project Management Team (PMT) to drive the Central Bank of Nigeria (CBN) Accelerated Agricultural Development Scheme (AADS), charging them to make the project yield good results.

THE Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, is expected to retain the monetary policy rate, MPR, at 14 percent as well as other policy rate at the end of its meeting holding this week in spite of concerns over the two month  upward trend in inflation rate.

As the Central Bank of Nigeria (CBN) holds its first Monetary Policy Committee (MPC) meeting in 2019 on Monday, experts have said that the apex bank would maintain status quo.

THE National financial inclusion stakeholders, including the Central Bank of Nigeria (CBN), will launch key policy documents aimed at facilitating the attainment of the financial inclusion target of 80 per cent by 2020.

The Central Bank of Nigeria (CBN) is expected to offer higher yields on treasury bills to be auctioned this week in a bid to mop up N786 billion inflow into the interbank money market this week.

The Central Bank of Nigeria, CBN, yesterday, unveiled the revised National Financial Inclusion Strategy designed to ensure that 80 per cent of Nigerian adults have access to financial services by 2020.

The Central Bank of Nigeria (CBN) says it plans to raise treasury bills worth N823.43 billion in the first quarter of 2019.

THE Central Bank of Nigeria, CBN, is estimated to have spent about N2.36 trillion to mop up N18.7 trillion through OMO treasury bills from the interbank money market in 2018.

THE Central Bank of Nigeria, CBN, cash injection into the nation’s foreign exchange market rose by 118 percent to about $48 billion in 2018 from $22 billion in 2017.

The Central Bank of Nigeria (CBN) on Friday made its first intervention in the inter-bank sector of the Foreign Exchange (FOREX) market for 2019 with a sum of 210 million dollars. U.S. stocks rises as dollar slips The CBN Director, Corporate Communications, Isaac Okorafor, said the wholesale sector of the market received 100 million dollars, […]