Naira depreciates as CBN injects $195m
The Naira, yesterday, depreciated in the parallel market, Investors and Exporters (I&E) window even as the Central Bank of Nigeria (CBN) injected $195 million into the interbank market.
Banks’ assets and liabilities hit N33 trillion
THERE are strong indications that the total asset and liabilities of commercial banks in the country have crossed the N33 trillion mark, according to the economic report of the Central Bank of Nigeria (CBN) for May, 2017 released on Friday.
Borno gets N10.4bn for farmers’ support services from CBN – Official
The Central Bank of Nigeria (CBN) on Friday said it had allocated N10.45 billion to augment farmer support services and encourage agricultural activities in Borno.
Naira appreciates as NAFEX transactions hit $3.8bn as CBN injects $142.5m
Transactions in the Nigeria Autonomous Foreign Exchange Market (NAFEX) also known as the Investors and Exporters forex window have reached $3.8 billion since its introduction in April.
ANCHORS BORROWERS PROGRAMME: CBN warns against selling of inputs
THE Central Bank of Nigeria, CBN, has warned beneficiaries against selling off inputs given to them under its Anchor Borrowers Progra-mme, insisting that anyone caught would be made to face the wrath of the law.
Liquidity squeeze: Banks to borrow N45trn from CBN
The Deposit Money Banks (DMBs) and merchant banks continued to access the Standing Facility window to square up their positions via either borrowing from the CBN or depositing of excess as reserves at the end of each business day
