The Central Bank of Nigeria (CBN), yesterday, injected a total of $285,759,449.10 into the Inter-Bank Foreign Exchange Market to meet requests in four sectors of the economy. 

The naira, yesterday, depreciated marginally to N360. 13 per dollar in the Investor and Exporter (I&E) Foreign Exchange Window., just as the Central Bank of Nigeria (CBN), injected the sum of $195million into the inter-bank Foreign Exchange Market.

CENTRAL Bank of Nigeria (CBN) has released a regulatory framework for Bank Verification Number (BVN) operations and watch-lists for Nigerian financial system, in the quest to develop and enhance security of electronic payment systems in the country.

THE Central Bank of Nigeria, CBN, has disclosed that the availability of credit to the corporate and households sectors increased during the third quarter (Q3) of 2017, while projecting further increase in the last quarter of the year (Q4).

Mr Omotayo Sowunmi, a witness in the  alleged N8 billion CBN currency scam case, on Wednesday said that the apex bank  lost N8.3 million in a single box meant to contain N10 million.

Some financial experts on Wednesday called on the Central Bank of Nigeria (CBN) to sustain the current economic growth with expansionary monetary and fiscal policies to achieve a single-digit inflation rate.

‘MY brother, Nigeria is   managing debt not wealth because a big hole was dug in her pocket after the jamboree called FESTAC, 77. The  TB is government borrowing to finance the deficit. If you understand public finance well, you will know it is the function of CBN to ensure the economy is well funded. So many of this your criticism of CBN do not add up in the context of Nigerian financial system which is why nobody in authority seem to pay attention to your criticisms and opinions. Have a nice day”

When news broke recently of the nomination of Mrs Aishah Ahmad as Deputy Governor of the Central Bank of Nigeria (CBN), by President Muhammadu Buhari, though elated, I was conscious of our antecedents as a people.

Being a farmer himself, it was easy for president Muhamadu Buhari to spot the fact that the Central Bank of Nigeria, CBN Anchor Borrowers Program has been making waves by having massive impact on the farming sector across the country and by extension helping in lifting up Nigeria’s economy which due to the sharp drop in crude oil price had tanked since the inception of the current administration.

Malam Faruk Abdullahi, Business Development Financing Officer, Central Bank of Nigeria (CBN) Sokoto State branch, on Monday urged small and medium scale entrepreneurs to design reasonable business plans to enable them access development loans.

THE outcome of the recent 2017 fifth Monetary Policy Committee, MPC, meeting of the Central Bank of Nigeria, CBN, was not surprising. The Committee voted to leave all policy rates unchanged (by a vote of six to one), with the Monetary Policy Rate, MPR, at 14%, the Cash Reserve Ratio, CRR, at 22.5% and Liquidity Ratio at 30%.

The interbank money market is expected to experience intense scarcity of funds this week following the liquidity mop up of N422 billion by the Central Bank of Nigeria (CBN) last week.

Owerri—Imo State House of Assembly has called on managers of banking institutions in the state to quickly address the incessant long queues experienced by bank customers while trying to use the Automated Teller Machines, ATMs.

ABUJA—EFFORTS to ensure Deposit Money Banks, DMBs, play by the rules are yielding significant results as the Central Bank of Nigeria, CBN, has recovered over N50 billion excessive charges.

Central Bank of Nigeria (CBN) has denied that one of its directors had been arrested by the Economic and Financial Crimes Commission (EFCC).