CBN

CBN don’ kill us, senate don’ fail us!

The Director General of the DMO, Patience Oniha, revealed, at a press briefing in Abuja on 15th August 2018 that Nigeria’s public debt, had apparently risen from well below N3Tn in 2007 to over N22.30Tn ($73.21bn) by June 2018.
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Gombe marketers applaud CBN for direct disbursement of lower denominations

By Charles Agwam – Gombe An amalgamated association of marketers and business owners in Gombe state, has applauded the Central Bank of Nigeria (CBN), for direct intervention on lower denomination banknotes. In recognition of the important role small and medium scale businesses play in economic recovery, the management of CBN has decided to approve direct […]

Less than 1% MfBs has national licences

Less than one percent of Microfinance Banks, MfBs, licenced by the Central Bank of Nigeria, CBN, have national licence to operate in the country.

CBN injects $210m into foreign exchange market

The Central Bank of Nigeria (CBN), on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange market to meet customers’ requests in various segments of the market.

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