CBN to limit banks’ appetite for govt securities
The Central Bank of Nigeria, CBN, yesterday, said it would soon announce measures to limit the excessive appetite of banks for government securities.
Over N8bn in circulation, large chunk suffers abuse by Nigerians ― CBN
The Central Bank of Nigeria, CBN, has disclosed that there are over 8billion pieces of different denominations of Nigerian currencies valued at N2.15billion in circulation in the country as at March 2019.
CBN threatens to publicize names, bar bank accounts of smugglers
AFTER his sojourn in the Senate for twenty years solid years, representing the people of Benue South Senatorial district, former Senate President, Senator David Mark, will today begin a thank you tour to all the local governments that make up the zone.
CBN registers 8 cash-in-transit, 2 currency processing firms
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the bank has registered eight companies to carry out Cash-In-Transit (CIT) as part of key policy measures towards promoting effective and efficient currency management in the country.
CBN to sustain liquidity mop up as N172bn hits interbank market
THE Central Bank of Nigeria, CBN, is expected to sustain its liquidity mop up activities this week in response to inflow of N172 billion into the interbank money market.
CBN introduces special intervention fund for MFBs
THE Central Bank of Nigeria (CBN) has introduced a special intervention fund for microfinance banks (MFBs) in the country, even as it assured that it will soon issue a new MFB policy.
