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”
Invest in FGN bond, Sukuk, CBN tells Nigerians
The Central Bank of Nigeria CBN has called on Nigerians to invest in the Sovereign SUKUK bond offered by the Federal Government, saying that it was geared towards infrastructural development.
CBN to sell N917.1bn treasury bills in 3 months
THE Central Bank of Nigeria (CBN) has revealed plans to sell N917.1 billion worth of treasury bills in the next three months ending November 30. The apex bank disclosed this through its fourth quarterly Treasury Bills Issuance programme released yesterday.
CBN reviews limits on mobile money transaction, balance
THE Central Bank of Nigeria (CBN) has reviewed daily mobile money wallet transaction and balance limit, as well as the Bank Verification Number (BVN) requirement for mobile money wallet holders.
Naira depreciates as CBN injects $250m
The naira, yesterday, depreciated against the dollar in the parallel market as well as in the Investors and Exporters (I&E) window, even as the Central Bank of Nigeria (CBN) injected $250 million into the interbank foreign exchange market.
CBN introduces e-certificate of capital importation
The Central Bank of Nigeria (CBN) has introduced Electronic Certificate of Capital Importation (eCCI) platform in a bid to boost foreign investment inflows to Nigeria.
Naira Watch: CBN lifts Naira with $250m
THE Naira yesterday received a major boost as the Central Bank of Nigeria (CBN) injected $250 million into various segments of the interbank foreign exchange market.
CBN, Sterling Bank to disburse N5.5bn NIRSAL loan to 22,000 farmers in Kebbi
STERLING Bank Plc in partnership with the Central Bank of Nigeria (CBN) will disburse N5.5 billion to 22,000 farmers in Kebbi State under the Anchor Borrowers programme aimed at increasing the cultivation of rice in Nigeria. The loan is anchored under Nigeria Incentive-base Risk Sharing System for Agriculture Lending (NIRSAL).
We deserve satisfaction, commercial bank customers tell CBN
Bank customers in the country have called on the Central Bank of Nigeria (CBN) to ensure commercial banks live up to their mandate of satisfying customers.
Economy rallying out of recession — CBN, Fitch reports
Indications have emerged that Nigeria’s economy is rallying from negative to positive growth in the second half of 2017, if data from the Central Bank of Nigeria’s Purchasing Managers’ Index, PMI, and global rating agency, Fitch’s, are anything to go by.
Naira stable as CBN injects $250m
The Central Bank of Nigeria (CBN), yesterday, injected $250 million into the foreign exchange market.
