CBN

Framework for $2.5bn China currency swap coming next week — CBN

Framework for $2.5bn China currency swap coming next week — CBN

Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele yesterday said that the framework for the $2.5 billion currency swap agreement with the Peoples Bank of China (PBoC) will be released next week, stressing that the deal will ease pressure in the foreign exchange market.
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Adamawa facilitates N1bn CBN loans for SMEs

Adamawa facilitates N1bn CBN loans for SMEs

The Adamawa government is set to access N1 billion from the Central Bank of Nigeria (CBN) to boost Small and Medium Enterprises (SMEs) in the state, following approval by the State Executive Council.

Economic expansion persists in February—CBN report

Economic expansion persists in February—CBN report

CENTRAL Bank of Nigeria, CBN, yesterday released its Purchasing Managers Index, PMI report for February, saying economic expansion persisted for the 13th month in manufacturing and non manufacturing sectors.