Central Bank of Nigeria

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34m
AllAfrica.com
Electricity - Govt Yet to Release N701bn Gas Supply Guarantee Fund 5 Months Afterfrom crashing the GenCos that couldn't pay for gas to generate power. Details
AllAfrica.com / Posted 34 minutes ago
from crashing the GenCos that couldn't pay for gas to generate power. Details available indicate that the fund from the Central Bank of Nigeria (CBN), announced in March by Fashola, is for the Nigerian Bulk Electricity Trading Plc (NBET) to... Read more
3h
AllAfrica.com
13 Percent Derivation - Oil-Producing States Receive N7trn in 18 Yearsthe resources provided them to develop their states and the region. Data obtai
AllAfrica.com / Posted 3 hours ago
the resources provided them to develop their states and the region. Data obtained from a series of reports from the Central Bank of Nigeria, CBN, revealed that oil-producing states in Nigeria received N7.006 trillion as payments under the 13... Read more
6h
AllAfrica.com
Top Officials to Discuss Critical Issues Affecting Nigeria's Health SectorMusa Shehu Yar'Adua Centre, Central Business District, Abuja at 9 a.m. daily.
AllAfrica.com / Posted 6 hours ago
Musa Shehu Yar'Adua Centre, Central Business District, Abuja at 9 a.m. daily. The Emir of Kano and former Governor of the Central Bank of Nigeria, Muhammadu Sanusi II, will deliver the key address at the programme. "The National Health Dialogue... Read more
7h
AllAfrica.com
CBN Sells $195m to Forex DealersAbuja — The Central Bank of Nigeria (CBN) on Monday, boosted the FOREX market b
AllAfrica.com / Posted 7 hours ago
Abuja — The Central Bank of Nigeria (CBN) on Monday, boosted the FOREX market by offering a total of $195m in three segments of the market. In the wholesale segment of the inter-bank Foreign Exchange market, it auctioned $100m and also intervened in... Read more
18h
AllAfrica.com
Dev'p Consistent Monetary Policy to Complement Government's Fiscal Policy--President Urges Bogof Mobile Money and other digital financial services. A solidarity message fro
AllAfrica.com / Posted 18 hours ago
of Mobile Money and other digital financial services. A solidarity message from Godwin Emefiele, Governor of the Central Bank of Nigeria, said the Central Bank of Nigeria was proud to have excellent working relations with BoG on a number... Read more
22h
AllAfrica.com
CBN Moves to Make Agriculture Lending Less Risky(CACS) as well as mitigate the risk faced by participating financial institutio
AllAfrica.com / Posted 22 hours ago
(CACS) as well as mitigate the risk faced by participating financial institutions in financing the agriculture sector, the Central Bank of Nigeria (CBN) has reviewed the guidelines for the scheme. The review, according to a circular signed by the... Read more
1d
AllAfrica.com
Interbank Rates Fall On Matured Treasury Billsto further strengthen the value of the Naira on the parallel market segment of
AllAfrica.com / Posted yesterday
to further strengthen the value of the Naira on the parallel market segment of the foreign exchange (forex) market, the Central Bank of Nigeria (CBN) has directed that payments for port charges to the Nigerian Ports Authority (NPA) and Nigerian... Read more
1d
AllAfrica.com
'How Buhari's Broadcast Will Raise or Crash Economy'a result of the repayment of matured treasury bills and a refund of excess cash
AllAfrica.com / Posted yesterday
a result of the repayment of matured treasury bills and a refund of excess cash deposited by banks to buy dollars by the Central Bank of Nigeria (CBN). CBN had sold $100 million at its special intervention auction in the foreign exchange market... Read more
2d
AllAfrica.com
Hate Speech to Be Treated As Terrorismhave not been paying attention to agriculture. My reason: in the last 10 years,
AllAfrica.com / Posted 2 days ago
have not been paying attention to agriculture. My reason: in the last 10 years, only N400 billion was invested from either Central Bank of Nigeria (CBN) or the capital markets. "But in 2010 AMCON came to rescue banks with bad debts and over... Read more
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3d
AllAfrica.com
Phccima Urges Value Addition for Member Businessesof the Ports Manager NPA, Port Harcourt. Other participants at the forum inclu
AllAfrica.com / Posted 3 days ago
of the Ports Manager NPA, Port Harcourt. Other participants at the forum included representatives of the Branch Controller Central Bank of Nigeria; Standard Organisation of Nigeria; Nigerian Export Promotion Council; Nigerian Securities and... Read more
4d
AllAfrica.com
Hate Speech Will Be Treated As Terrorism, Osinbajo Vowsbeen paying much attention to agriculture. My reason: in the last 10 years, onl
AllAfrica.com / Posted 4 days ago
been paying much attention to agriculture. My reason: in the last 10 years, only N400 billion was invested by either the Central Bank of Nigeria or commercial banks or the capital markets in the sector. "But in 2010, AMCON came to rescue banks... Read more
4d
AllAfrica.com
How Nexim Bank Is Helping to Boost Agriculture, Job Creation in Nigeria - MDExport Stimulation Facility, ESF, and N50bn Export Rediscounting and Refinancin
AllAfrica.com / Posted 4 days ago
Export Stimulation Facility, ESF, and N50bn Export Rediscounting and Refinancing Facility, RRF, were approved by the Central Bank of Nigeria, CBN, to boost investments in the non-oil export sector. NEXIM was appointed as the managing... Read more
5d
AllAfrica.com
Central Banks Play Crucial Role in African Economiesa solid foundation for facilitating trade and investment in Africa," said Kgany
AllAfrica.com / Posted 5 days ago
a solid foundation for facilitating trade and investment in Africa," said Kganyago. AACB Chairperson and Governor of the Central Bank of Nigeria, Godwin Emefiele, said despite global and domestic challenges the Eurozone crisis including Brexit... Read more
5d
AllAfrica.com
Naira Appreciates to N359.7/$ As External Reserve Hits $31.35bnper dollar for the first time in the Investors and Exporters (I&E) window due t
AllAfrica.com / Posted 5 days ago
per dollar for the first time in the Investors and Exporters (I&E) window due to increased dollar supply. Meanwhile, the Central Bank of Nigeria (CBN) said that the nation's external reserve rose to a new high of $31.35 billion as at Friday... Read more
5d
AllAfrica.com
A Global Leader - Kingsley Moghalu's Inspirational Life2017". The topic of the day's class was "Foreign Investment". For two hours, th
AllAfrica.com / Posted 5 days ago
2017". The topic of the day's class was "Foreign Investment". For two hours, the erudite former Deputy Governor of the Central Bank of Nigeria (CBN) lectured and led a class discussion on foreign investment, economic policy and the business... Read more
6d
AllAfrica.com
DMO Raises N5.2 Billion From FGN Savings Bond in 5 Monthsindustry as well as the picking up of activities at the stock market. The bull
AllAfrica.com / Posted 6 days ago
industry as well as the picking up of activities at the stock market. The bull had returned to the stock market as the Central Bank of Nigeria increased outflow of foreign exchange and also opened up an Investors and Exporters window, which... Read more
6d
AllAfrica.com
Nigeria Heading the Way of Rwanda, DRC, Warns Ezekwesilithat brings together great minds to engender national economic prosperity. Als
AllAfrica.com / Posted 6 days ago
that brings together great minds to engender national economic prosperity. Also speaking, former governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo, said it had become imperative for the citizens to unite and rise against... Read more
6d
AllAfrica.com
CBN Injects $364 Million Into Inter-Bank Forex MarketThe Central Bank of Nigeria, CBN, has intervened in the Inter-Bank market to th
AllAfrica.com / Posted 6 days ago
The Central Bank of Nigeria, CBN, has intervened in the Inter-Bank market to the tune of $364 million to sustain liquidity in the Foreign Exchange, Forex, Market. Isaac Okorafor, the Acting Director of Corporate Communications Department, CBN, said... Read more
6d
Eye Witness News
'Protectionist policies by some developed countries threaten globalisation'could have implications on the pace of globalisation going forward.” At the sa
Eye Witness News / Posted 6 days ago
could have implications on the pace of globalisation going forward.” At the same time, the AACB chair and governor of the Central Bank of Nigeria Godwin Emefiele agrees about the protectionist policies, making reference to Brexit. (Edited by... Read more
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7d
AllAfrica.com
Buhari Good Enough to Continue in 2019just a few of the infrastructure legacies of the Jonathan era, Omokri expressed
AllAfrica.com / Posted 7 days ago
just a few of the infrastructure legacies of the Jonathan era, Omokri expressed surprise that Shehu now praises the former Central Bank of Nigeria (CBN) Governor, Emir Muhammadu Sanusi II. "Nigerians have not forgotten that it is the same Sanusi... Read more
4 related articles
7d
AllAfrica.com
Naira Dips Further Against DollarN365.68, its opening rate. Traders said that the demand for foreign exchange o
AllAfrica.com / Posted 7 days ago
N365.68, its opening rate. Traders said that the demand for foreign exchange outstripped its supply. NAN reports that the Central Bank of Nigeria (CBN) is intervening at the foreign exchange market to stabilise the naira. The naira had rallied... Read more
8d
AllAfrica.com
Investors Await N62.4 Billion Maturing Treasury Billwould impact liquidity dynamics great deal. But, they held the view that the a
AllAfrica.com / Posted 8 days ago
would impact liquidity dynamics great deal. But, they held the view that the aggressive liquidity mop-up signal of the Central Bank of Nigeria (CBN), would keep the open buy back (OBB) and overnight rates in check. Financial system liquidity... Read more
8d
AllAfrica.com
CBN in Stringent Surveillance of Bank Customers' Naira-Denominated Card UsageThe Central Bank of Nigeria (CBN) yesterday disclosed that it was closely monit
AllAfrica.com / Posted 8 days ago
The Central Bank of Nigeria (CBN) yesterday disclosed that it was closely monitoring the usage of naira-denominated cards for international transactions by bank customers, following the recent increase in the monthly spending limit announced by... Read more
8d
AllAfrica.com
Financial Inclusion Campaign to Reach Millions As Schools Resumethat has been included in the Nigerian educational system through collaboration
AllAfrica.com / Posted 8 days ago
that has been included in the Nigerian educational system through collaboration amongst financial stakeholders, the Central Bank of Nigeria and the Nigeria Educational Research and Development Council (NERDC). Though there are many educated... Read more
8d
AllAfrica.com
Naira Firms On I&E Window As U.S., North Korea Tension Heightensto the dollar at the close of business last week from N365 which it began the w
AllAfrica.com / Posted 8 days ago
to the dollar at the close of business last week from N365 which it began the week's trading activities. Likewise at the Central Bank of Nigeria end of the market, the naira closed weaker at N305.6 to the dollar from N305.5 which it opened the... Read more
8d
AllAfrica.com
Banks Borrowing From CBN Drops By 19 Percent to N3.4trnLagos — Commercial banks borrowing from Central Bank of Nigeria with the use of
AllAfrica.com / Posted 8 days ago
Lagos — Commercial banks borrowing from Central Bank of Nigeria with the use of Standing Lending Facility window dropped by 19 percent to N3.36 trillion in July from N4.2 trillion recorded in June this year. Banks continued to access the Standing... Read more
8d
AllAfrica.com
Skye Bank Unveils New Digital Solution, SkyeXperienceof Nigeria, especially in the area of financial technology and digital evolutio
AllAfrica.com / Posted 8 days ago
of Nigeria, especially in the area of financial technology and digital evolution". The chairman also thanked the Central Bank of Nigeria (CBN) for leading the way to the future through its e-payment System Vision (PSV 2020). The vision... Read more
8d
AllAfrica.com
Buhari's Govt Revival of 11 Fertiliser Plant Leading to Export - FEPSANof fertiliser per hectare as against world average of 100 kilogrammes," Kwa sai
AllAfrica.com / Posted 8 days ago
of fertiliser per hectare as against world average of 100 kilogrammes," Kwa said. The FEPSAN executive secretary said the Central Bank of Nigeria (CBN) through the National Sovereign Investment Authority (NSIA), provided the necessary funds needed... Read more
10d
AllAfrica.com
Nigerian Economy 'Steadily Pulling Out of Recession' - - Bankers' CommitteeThe Bankers' Committee of the Central Bank of Nigeria, CBN, on Thursday said th
AllAfrica.com / Posted 10 days ago
The Bankers' Committee of the Central Bank of Nigeria, CBN, on Thursday said the Nigerian economy was steadily pulling out of recession. The Committee gave the review at the end of its 331st meeting in Abuja. It said indices on non-oil sector... Read more
10d
AllAfrica.com
Recession Likely Ended in June, NBS Boss, Bankers Saywe have a new round of shocks in the later weeks." Also at the end of the meet
AllAfrica.com / Posted 10 days ago
we have a new round of shocks in the later weeks." Also at the end of the meeting yesterday, the Bankers Committee of the Central Bank of Nigeria and other financial institutions said the economy may have emerged out of recession as far back as... Read more
11d
AllAfrica.com
Loss of N30 Trillion - British American Tobacco Denies Wrongdoingon time and in full to secure an incessant flow of required materials," Mr. Mes
AllAfrica.com / Posted 11 days ago
on time and in full to secure an incessant flow of required materials," Mr. Messanvi said. "We also ensure we abide by Central Bank of Nigeria and Customs guidelines in relation to import and export processes as required and demanded by the... Read more
11d
AllAfrica.com
CBN I&E Forex Window Attracts U.S.$4 Billion in Three MonthsAbuja — The importers' and exporters' (I&E) foreign exchange (FX) window introd
AllAfrica.com / Posted 11 days ago
Abuja — The importers' and exporters' (I&E) foreign exchange (FX) window introduced by the Central Bank of Nigeria (CBN) about four months ago has attracted $4 billion from foreign investors between April and now, the Bankers' Committee disclosed... Read more
11d
AllAfrica.com
Minister Tasks National Assembly On Passage of Postal Reform Billeach from the ministry (Directors of ICT and Telecoms & Postal Services) and NI
AllAfrica.com / Posted 11 days ago
each from the ministry (Directors of ICT and Telecoms & Postal Services) and NIPOST; one representative each from the Central Bank of Nigeria, Bureau of Public Enterprises, and Special Assistant, NPOST, to the Minister. Echono, promised that... Read more
12d
AllAfrica.com
TSA - Court Strikes Out Govt's Suit Against 7 Banks, Awards N1.2m Costsgovernment agencies to illegally conceal 793.2 million dollars meant to have be
AllAfrica.com / Posted 12 days ago
government agencies to illegally conceal 793.2 million dollars meant to have been transferred to the TSA domiciled in the Central Bank of Nigeria. But the banks, through their counsel, denied the allegation. The banks were represented by Ajibola... Read more
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12d
AllAfrica.com
After 39.6 Percent Growth, Analyst Still Bullish On Nigerian Equities Marketbudget," they added. The analysts noted that further supporting the argument f
AllAfrica.com / Posted 12 days ago
budget," they added. The analysts noted that further supporting the argument for a bullish run on the domestic bourse, the Central Bank of Nigeria (CBN)'s Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) window has the potential to further... Read more
12d
AllAfrica.com
External Reserve Hits 2yr High As Naira Appreciates in Nafexweek. The naira however remained stable at N366 per dollar in the parallel mar
AllAfrica.com / Posted 12 days ago
week. The naira however remained stable at N366 per dollar in the parallel market exchange rate. Meanwhile data from the Central Bank of Nigeria (CBN) revealed that the reserve rose to $31.2 billion on Monday August 8th from $30.88 billion on... Read more
12d
AllAfrica.com
Foreign Reserves Reach $31.22 Billion, First Time in 2 YearsNigeria's foreign exchange reserves rose to $31.22 billion, data from the Centr
AllAfrica.com / Posted 12 days ago
Nigeria's foreign exchange reserves rose to $31.22 billion, data from the Central Bank of Nigeria, CBN, have shown. According to the data obtained from the apex bank Wednesday, the increase represents the first in about 2 years. The nation's... Read more
12d
AllAfrica.com
Nigeria Approves 2018-2020 MTEF, Sets Oil Benchmark At $45 Per Barrelsaid. On the exchange rate of the Naira, the minister said the rate would be a
AllAfrica.com / Posted 12 days ago
said. On the exchange rate of the Naira, the minister said the rate would be about N305 to the dollar, as indicated by the Central Bank of Nigeria, CBN. Also approved by FEC was the national Information Communication Technology, ICT,... Read more
12d
AllAfrica.com
Foreign Reserves Rose By U.S.$554.7 Million in July - CBNLagos — The Central Bank of Nigeria (CBN) has disclosed that foreign reserves a
AllAfrica.com / Posted 12 days ago
Lagos — The Central Bank of Nigeria (CBN) has disclosed that foreign reserves appreciated by $554.7 million or 1.8 per cent in July, to bring the year till date growth to 19.3 per cent. The foreign reserves closed July at $30.8 billion from $30.29... Read more
12d
AllAfrica.com
Assessing CBN's Public Enlightenment On Naira Notes ProtectionSeeing the Naira note and coins as the symbol of pride and nationhood, the Cent
AllAfrica.com / Posted 12 days ago
Seeing the Naira note and coins as the symbol of pride and nationhood, the Central Bank of Nigeria (CBN) has unrelenting enlightened the public of its relevant to our day-to-day transactions. Recently, the apex bank embarked on public sensitization... Read more
12d
AllAfrica.com
TSA - Govt Discontinues U.S.$793.2 Million Suit Against 7 Commercial Banksin connivance with some government officials. The money was supposed to be tran
AllAfrica.com / Posted 12 days ago
in connivance with some government officials. The money was supposed to be transmitted to the TSA account domiciled in the Central Bank of Nigeria (CBN). After listening to an ex parte application filed by the Attorney General of the Federation... Read more
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13d
AllAfrica.com
Maritime Stakeholders Urged to Support CDF to Protect Investmentsensure that Nigerians receive good value for their money and partner with NEXIM
AllAfrica.com / Posted 13 days ago
ensure that Nigerians receive good value for their money and partner with NEXIM Bank, Department of Trade and Exchange, the Central Bank of Nigeria (CBN) and of recent, International Chambers of Commerce to ensure that INCOTERMS 2010 and U.C.P 600... Read more
13d
AllAfrica.com
FG Withdraws Suit Against Seven Banks Over TSAPlc. The judge had on July 20 ordered the seven banks to, in the interim, remi
AllAfrica.com / Posted 13 days ago
Plc. The judge had on July 20 ordered the seven banks to, in the interim, remit the money to a designated account at the Central Bank of Nigeria (CBN). The order was a sequel to the granting of an ex-parte application by both the federal... Read more
2 related articles
13d
AllAfrica.com
Naira Depreciates As CBN Injects $195 MillionThe Naira, yesterday, depreciated in the parallel market, Investors and Exporte
AllAfrica.com / Posted 13 days ago
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. Vanguard investigation showed that the naira depreciated by N1... Read more
14d
AllAfrica.com
CBN Boosts Forex Market With $195The Central Bank of Nigeria (CBN) on Monday boosted the Foreign Exchange (FOREX
AllAfrica.com / Posted 14 days ago
The Central Bank of Nigeria (CBN) on Monday boosted the Foreign Exchange (FOREX) market by 195 million dollars intervention in three segments of the market. Mr Isaac Okorafor, the Acting Director, Corporate Communications Department of CBN, said... Read more
14d
AllAfrica.com
Naira in Circulation Drops By 5.6 Percent to N1.77 Trillion - CBNLagos — The Central Bank of Nigeria (CBN) has disclosed that Naira currency in
AllAfrica.com / Posted 14 days ago
Lagos — The Central Bank of Nigeria (CBN) has disclosed that Naira currency in circulation dropped by 5.6 per cent to N1.77 trillion in July 2017. The naira in circulation continued to drop in 2017 following the apex Bank intensive effort to mop... Read more
14d
AllAfrica.com
Buhari Supporters Launches Campaign for Ailing President's 2019 Re-Election BidTrust reported. The paper reported that the group also aimed to register new m
AllAfrica.com / Posted 14 days ago
Trust reported. The paper reported that the group also aimed to register new members whose names would be forwarded to the Central Bank of Nigeria for agricultural and other loans. President Buhari has been receiving medical care for unknown... Read more
14d
AllAfrica.com
Deals On Nigerian Stock Exchange Hit N97.08 Billion in Julyeconomic and market fundamentals. Mr. Omordion said the fundamentals were driv
AllAfrica.com / Posted 14 days ago
economic and market fundamentals. Mr. Omordion said the fundamentals were driven by the sustained intervention of the Central Bank of Nigeria (CBN) in the nation's foreign exchange market. He said that the creation of foreign exchange... Read more
14d
AllAfrica.com
Osoba Queries Senate's Allegation On 282 Missing Ships Against NPAof the NPA. Now whatever is due to us is done in an efficient manner and fortun
AllAfrica.com / Posted 14 days ago
of the NPA. Now whatever is due to us is done in an efficient manner and fortunately, we also have a relationship with the Central Bank of Nigeria (CBN) who is the custodian of the Treasury Single Account (TSA). Whenever our payment is approved we... Read more
15d
AllAfrica.com
Banks in Dilemma As Customers, Investors Shun Deposits for Treasury BillsIt offers security and guaranteed premium returns to its investors. Last week,
AllAfrica.com / Posted 15 days ago
It offers security and guaranteed premium returns to its investors. Last week, the 364-day instrument offered by the Central Bank of Nigeria (CBN) recorded excess subscription to the tune of N91.1 billion, whilst the CBN allotted N136.5... Read more
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