Senate moves to screen, approve CBN board
SENATE President, Dr Bukola Saraki, yesterday promised that the Senate will soon commence the screening and subsequent approval of board members of Central Bank of Nigeria, CBN.
CBN takes policy stock, re-affirm positions
CENTRAL Bank of Nigeria, CBN, has taken stock of its policy positions and given kudos to itself for what has happened in the last one year.
Divergent outlooks trail N633bn credit surge to private sector
THE N633 billion upsurge in credit to the private sector in February has been greeted with divergent outlooks for the overall growth in credit to the sector in 2018, with some analysts urging caution while others project continued growth.
CBN injects $210M as naira appreciates to N360.16/$
The Naira yesterday appreciated by 31 kobo to N360.16 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.
CBN begins disbursement of N26bn agribusiness fund to MSMEs
The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee on Thursday commenced disbursement of N26 billion Agribusiness Small and Medium Enterprises Investment Scheme (AGSMEIS) fund to the first set of beneficiaries.
NCC, CBN sign agreement on payment system in Nigeria
he Nigerian Communications Commission, NCC on Tuesday, signed a Memorandum of Understanding with the Central Bank of Nigeria, CBN on payment system in Nigeria.
CBN to intensify liquidity mop-up as inter-bank battles N1.2trn excess liquidity
The Central Bank of Nigeria (CBN) is expected to intensify its liquidity mop-up operations this week to address the build up in excess liquidity in the interbank money market which rose to N1.2 trillion last week.
Finance companies seek CBN’s support on cheap funds
Finance Houses Association of Nigeria (FHAN) has called on the Central Bank of Nigeria (CBN) to facilitate access to cheap funds for finance companies.
Finance Houses Association of Nigeria (FHAN) has called on the Central Bank of Nigeria (CBN) to facilitate access to cheap funds for finance companies.
Anxieties over 2019 election will slow capital inflows, pressure forex market — Salami
An economic analysts and former member of the Central Bank of Nigeria, CBN Monetary Policy Committee, Dr. Doyin Salami, has said that anxieties over the 2019 elections will likely slow down capital inflows into the economy and increase demand pressure on the foreign exchange market.
Update: Why CBN retained Monetary Policy Rate at 14%
The Central Bank of Nigeria (CBN), Wednesday, retained the Monetary Policy Rate at 14 % following the maiden meeting of the re-constituted Monetary Policy Committee (MPC), in Abuja.
Non passage of 2018 budget fuels MPR retention at 14% — experts
Some financial experts have attributed the retention of the Monetary Policy Ratio (MPR) at 14 per cent by the Central Bank of Nigeria (CBN) to non passage of the 2018 budget.
