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IFC commends CBN over banking reforms

IFC commends CBN over banking reforms

The International Finance Corporation, IFC, has commended the Central Bank of Nigeria, CBN, for implementing sustainable banking principles in the country.

CBN disburses lower currency notes to traders

CBN disburses lower currency notes to traders

Worried by the scarcity of lower currency denominations in circulation, the Central Bank of Nigeria (CBN, yesterday, commenced direct disbursement of the affected notes to traders.

CBN injects $210m as Naira appreciates to N360.19/$

CBN injects $210m as Naira appreciates to N360.19/$

The Naira started the week with a 51 kobo appreciation to N360.19 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.