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CBN injects $285.7m into Forex

CBN injects $285.7m into Forex

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. 

Naira depreciates to N360.13/$ in NAFEX as CBN injects $195m

Naira depreciates to N360.13/$ in NAFEX as CBN injects $195m

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.

CBN unveils framework for BVN, Watch-list  operations

CBN unveils framework for BVN, Watch-list operations

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.

Credit availability rises in Q3’17 — CBN

Credit availability rises in Q3’17 — CBN

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).

Does CBN fund govt deficit with treasury bills auctions?

Does CBN fund govt deficit with treasury bills auctions?

‘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”

Aishah Ahmad: A breathe of fresh air at CBN

Aishah Ahmad: A breathe of fresh air at CBN

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.