The Central Bank of Nigeria, CBN, is set to hold a tweet meet, a social media round table, with stakeholders and all Nigerians, to discuss the efforts and gains made so far by the apex bank in booting Nigeria’s economy.

The Central Bank of Nigeria (CBN) has injected $325.64 million into the Retail Secondary Market Intervention Sales (SMIS).

The naira started the week with a 40 kobo depreciation to N360.25 per dollar in the Investors’ and Exporters’ (I&E) window, even as the Central Bank of Nigeria (CBN) injected $210 million into the foreign exchange market.

Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure availability and meet customers’ requests in various segments of the market.

In its desire to ensure the availability of forex and also meet customers’ requests in various segments of the market, the Central Bank of Nigeria (CBN) has injected another sum of $210million into the inter-bank Foreign Exchange Market.

THE sharp increase in cost of funds in the interbank money market last week will persist this week, following the N275 billion liquidity mop up by the Central Bank of Nigeria (CBN).

PRESIDENT Muhammadu Buhari has nominated the Director Human Resources of the Central Bank of Nigeria, CBN, Edward Lametek Adamu for the position of Deputy Governor of the nation’s apex bank.

The Central Bank of Nigeria (CBN) yesterday released the Purchasing Managers Index (PMI) report  for January which showed that   economic activities persisted for the nineth consecutive month.

WORRIED by excess bank charges and illegal deductions by commercial banks in the country, the Senate, yesterday, summoned the governor of Central Bank of Nigeria, CBN, Godwin Emefiele; his officials, forensic auditors, Managing Directors of banks and Bankers Committee to give detailed accounts of why such issues were on.

The Senate on Tuesday, urged Central Bank of Nigeria (CBN) and other stakeholders to made deliberate effort to educate the public on the dangers of Bit-coin as a store of value in Nigeria.

The naira Monday started the week with a marginal depreciation of 2 kobo to N360.37 per dollar in the Investors and Exporters (I&E) window, even as the Central Bank of Nigeria injected $210 million into the foreign exchange market.

The CBN has said that every account in the microfinance bank should have a BVN, which automatically brings credibility to the industry. Most MfBs are now on the NIBSS platform where we can also verify those BVN. We are also part of the Credit Bureau, which means that people, who take multiple loans from different MfBs without repayment, would be caught because we are now on the credit bureau platform.

NIGERIA’s external reserves rose  to $40.33 billion last week, the highest in four years.

“AS I speak to you, our external reserves stand above $31bn and that provides us with enough fire power to be able to defend the Naira (N305=$1)” (Godwin Emefiele CBN Governor, April 25th, 2017).

THE Debt Management Office (DMO) will, this week, offer N110 billion worth of FGN bonds in commencement of  its 2018 bond issuance programme, prompting expectations of reduced liquidity mop-up operations by the Central Bank of Nigeria (CBN).