Central Bank of Nigeria

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4h
AllAfrica.com
Central Bank Maintains Market Liquidity With U.S.$195 MillionAbuja — The Central Bank of Nigeria (CBN), on Monday October 16, 2017 continued
AllAfrica.com / Posted 4 hours ago
Abuja — The Central Bank of Nigeria (CBN), on Monday October 16, 2017 continued to maintain liquidity in the Forex market by injecting $195 million in the the Nigerian inter-bank foreign exchange market. Figures released by the Bank show that it... Read more
8h
AllAfrica.com
Naira Down to 360.75/$ At Nafexin the parallel market the naira rose to N364 per dollar from N363 per dollar e
AllAfrica.com / Posted 8 hours ago
in the parallel market the naira rose to N364 per dollar from N363 per dollar exchanged last week Friday. Meanwhile, the Central Bank of Nigeria (CBN), yesterday continued to maintain liquidity in the Forex market by injecting $195 million in the... Read more
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9h
AllAfrica.com
Experts Differ Over Govt's Plan to Continue Borrowingsector. The private sector has infinitely elastic amount of credit available".
AllAfrica.com / Posted 9 hours ago
sector. The private sector has infinitely elastic amount of credit available". Expressing reservation on the role of the Central Bank of Nigeria (CBN) in controlling liquidity in circulation, Boyo said, "The central bank is busy constraining the... Read more
1d
AllAfrica.com
Why Nigerians Should Tolerate Our BorrowingsMinister of Finance, Mrs. Kemi Adeosun, made the comments while addressing a jo
AllAfrica.com / Posted yesterday
Minister of Finance, Mrs. Kemi Adeosun, made the comments while addressing a joint press conference of the ministry and the Central Bank of Nigeria (CBN) at the conclusion of the World Bank Group-International Monetary Fund (IMF) meetings in... Read more
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1d
AllAfrica.com
Why We're Borrowing More - Finance Ministerwould soon introduce luxury tax, adding that the necessary process would soon b
AllAfrica.com / Posted yesterday
would soon introduce luxury tax, adding that the necessary process would soon be finalised. This is coming as the Central Bank of Nigeria, CBN, allayed the World Bank's concern over Nigeria's banking sector stability, with Mr. Godwin... Read more
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1d
AllAfrica.com
We'll Not Borrow Recklessly, Nor Bequeath Unserviceable Debts to Nigerians - Adeosunorder to strengthen the improvement in global economic growth. The Minister of
AllAfrica.com / Posted yesterday
order to strengthen the improvement in global economic growth. The Minister of Finance, Mrs Kemi Adeosun and the Governor, Central Bank of Nigeria, (CBN), Mr. Godwin Emefiele briefed the Nigerian media delegation on highlights of meetings with... Read more
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1d
AllAfrica.com
External Reserves Rise to $33.11bn Highest Since 2015Thursday, following increase in global oil prices to an average price of $50 pe
AllAfrica.com / Posted yesterday
Thursday, following increase in global oil prices to an average price of $50 per barrel. External reserves monitored by Central Bank of Nigeria (CBN) accretion in 2017 can be linked to higher oil exports and increased activity in the investor... Read more
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1d
AllAfrica.com
IMF - Fiscal Policies Can Bridge Income Inequality Gapcould raise life expectancy, on average, by 1.3 years in emerging and developin
AllAfrica.com / Posted yesterday
could raise life expectancy, on average, by 1.3 years in emerging and developing countries," it stated. The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has urged global investors to take advantage of huge opportunities in the... Read more
1d
AllAfrica.com
IMF Sees Improved Forex Market in Nigeria As Reserves Hit $33 Billionprogress being recorded. This is coming on the heels of recognition by Forbes
AllAfrica.com / Posted yesterday
progress being recorded. This is coming on the heels of recognition by Forbes Magazine that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is the winner of "2017 Best of Africa Achievement" award for foreign exchange... Read more
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1d
AllAfrica.com
Niger Gov Commends Appointment of Aisha Ahmed for CBN PostNiger State Governor, Alhaji Abubakar Sani Bello, has charged the newly appoint
AllAfrica.com / Posted yesterday
Niger State Governor, Alhaji Abubakar Sani Bello, has charged the newly appointed Deputy Governor of the Central Bank of Nigeria (CBN), Hajiya Aisha Ahmed, to be above primordial sentiments and work for the overall interest of the country. The... Read more
1d
AllAfrica.com
Emefiele - CBN Will Not Rest Until Nigeria Achieves Sustainable GrowthCentral Bank of Nigeria Governor, Mr. Godwin Emefiele has assured Nigerians tha
AllAfrica.com / Posted yesterday
Central Bank of Nigeria Governor, Mr. Godwin Emefiele has assured Nigerians that the central bank will continue to implement policies that would help the economy attain sustainable growth. Emefiele, who said this while receiving the Forbes' 2017... Read more
1d
AllAfrica.com
CBN Pumps $306 Million Into Forex Marketin the retail segment of the Nigerian interbank foreign exchange (forex) market
AllAfrica.com / Posted yesterday
in the retail segment of the Nigerian interbank foreign exchange (forex) market received a $306.3 million boost from the Central Bank of Nigeria (CBN) on Friday, following bids received from forex dealers by the Bank. This is just as the naira... Read more
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1d
AllAfrica.com
How Nigeria's 36 States Shared N173.8 Billion in SeptemberInland Revenue Service; the Nigerian Customs Service; Revenue Mobilisation, All
AllAfrica.com / Posted yesterday
Inland Revenue Service; the Nigerian Customs Service; Revenue Mobilisation, Allocation and Fiscal Commission as well as the Central Bank of Nigeria. The federation account is currently being managed on a legal framework that allows funds to be... Read more
1d
AllAfrica.com
Nigeria Won't Be Reckless With Foreign Borrowings - Adeosunglobal economy in 2018. Mrs. Adeosun made this known in Washington D.C. at a j
AllAfrica.com / Posted yesterday
global economy in 2018. Mrs. Adeosun made this known in Washington D.C. at a joint media briefing with the Governor of the Central Bank of Nigeria, Godwin Emefiele, at the end of the 2017 Annual Meetings of the International Monetary Fund and the... Read more
3 related articles
4d
AllAfrica.com
Iweala, Adeosun, Ezekwesili, Aisha Ahmad... the List Is Endlesseducation, where women struggle for better life--has been tapped following her
AllAfrica.com / Posted 4 days ago
education, where women struggle for better life--has been tapped following her excellent work at Diamond Bank to go to the Central Bank of Nigeria on another rescue mission. Ahmad's education is what Nigeria is looking for to solve problems at the... Read more
4d
AllAfrica.com
Senate Refers Govt's U.S.$5.5 Billion Loan Request to Committeeplenary yesterday, Ekweremadu also read the president's letter nominating Mrs.
AllAfrica.com / Posted 4 days ago
plenary yesterday, Ekweremadu also read the president's letter nominating Mrs. Aisha Ahmad as Deputy Governor of the Central Bank of Nigeria (CBN). Ahmad is expected to replace Dr. Sarah Alade who retired early 2017. He also read a separate... Read more
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4d
AllAfrica.com
Nirsal, Moroccan Firms Sign Agreement to Expand Agric InsuranceBuhari signed in December 2016 during the visit of the King of Morocco King Moh
AllAfrica.com / Posted 4 days ago
Buhari signed in December 2016 during the visit of the King of Morocco King Mohammed VI. NIRSAL is an initiative of the Central Bank of Nigeria (CBN), the Bankers Committee(BC) and the Federal Ministry of Agriculture & Rural Development. It... Read more
4d
AllAfrica.com
NERC Fines Ibadan DISCO N50 Million for Misuse of CBN Loanbillion from the N11.367 billion it received from the Nigeria Electricity Marke
AllAfrica.com / Posted 4 days ago
billion from the N11.367 billion it received from the Nigeria Electricity Market Stabilisation Fund (NEMSF) granted by the Central Bank of Nigeria (CBN) to its core investor group, the Nigerian Electricity Regulatory Commission (NERC) has levied a... Read more
5d
AllAfrica.com
Buhari Writes Senate, Seeks Confirmation of Aisha Ahmad As CBN Deputy GovernorPresident Muhammadu Buhari on Thursday wrote the Senate to seek confirmation of
AllAfrica.com / Posted 5 days ago
President Muhammadu Buhari on Thursday wrote the Senate to seek confirmation of Aisha Ahmad as deputy governor of the Central Bank of Nigeria. In a letter read by the Deputy Senate President, Ike Ekweremadu, the president said the confirmation was... Read more
5d
AllAfrica.com
Reps Demand Audit Trail of Stamp Duty Accountinsisted that it would work with consultants to audit records of individual ban
AllAfrica.com / Posted 5 days ago
insisted that it would work with consultants to audit records of individual banks as well as their remittances to the Central Bank of Nigeria (CBN). The House also disagreed with the figures presented by the Guarantee Trust Bank (GTB),... Read more
6d
AllAfrica.com
Government Rules Out Possibility of Building New RefineriesExport receipts, after revision for Joint Venture (JV) Cash Calls, are paid dir
AllAfrica.com / Posted 6 days ago
Export receipts, after revision for Joint Venture (JV) Cash Calls, are paid directly into Federation Account domiciled in Central Bank of Nigeria (CBN). Domestic crude oil of 445,000 barrels per day is allocated for refining to meet domestic... Read more
6d
AllAfrica.com
Etsu Nupe, Ooni, Others Mobilise Grassroots Support for Agric Devteveryone is witnessing the dramatic turnaround in the sector today and with con
AllAfrica.com / Posted 6 days ago
everyone is witnessing the dramatic turnaround in the sector today and with continuous intervention by the Central Bank of Nigeria (CBN), farmers are accessing finance, input by suppliers and many off-takers are already... Read more
7d
AllAfrica.com
Kachikwu's Whistleaway from the corporation understandably because it is the manager of the cash
AllAfrica.com / Posted 7 days ago
away from the corporation understandably because it is the manager of the cash cow, the oil industry. As Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, had written a letter to President Goodluck Jonathan on September 25, 2013... Read more
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7d
AllAfrica.com
NNPC Response - Kachikwu's Board Effectively Redundantservices sector, a managing director of say a bank cannot circumvent his board
AllAfrica.com / Posted 7 days ago
services sector, a managing director of say a bank cannot circumvent his board and deal directly with the governor of the Central Bank of Nigeria (CBN) for certain things. He must get the approval of his board, for example, to present his audited... Read more
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7d
AllAfrica.com
Audu Ogbeh Lauds CBN for Embargoing 41 Forex Itemsand Murtala Adewale Abuja and Kano — The Minister of Agriculture and Rural Dev
AllAfrica.com / Posted 7 days ago
and Murtala Adewale Abuja and Kano — The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has commended Central Bank of Nigeria (CBN) Governor Godwin Emefiele and his management team for restricting foreign exchange (forex)... Read more
8d
AllAfrica.com
Tinubu Proposes 7-Point Agenda to Revive Nigeria's Economyinto productive endeavor. And this is highly dependent on the interest rate," T
AllAfrica.com / Posted 8 days ago
into productive endeavor. And this is highly dependent on the interest rate," Tinubu said. Consequently, he asked the Central Bank of Nigeria (CBN) to cure its affection for high-interest rates, arguing that lower rates were required for... Read more
8d
AllAfrica.com
Govt Rakes N6.3 Billion Savings Bonds, As Investors' Appetite Dropsday for Nigeria and the DMO in particular. We were given the opportunity to int
AllAfrica.com / Posted 8 days ago
day for Nigeria and the DMO in particular. We were given the opportunity to introduce a savings bond and we thank the Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC) and other relevant agencies for supporting our... Read more
8d
AllAfrica.com
Treasury Bills Yield Drops to 15-Month Low91-day, 182- day and 364-day for refinancing purpose is about N4.211.85 trillio
AllAfrica.com / Posted 8 days ago
91-day, 182- day and 364-day for refinancing purpose is about N4.211.85 trillion year-to date in 2017. In addition, the Central Bank of Nigeria (CBN) has issued open market operations (OMO) bills to the tune of N4.722.34 trillion of various... Read more
8d
AllAfrica.com
CBN's Policy Rates and Economic RecoveryTHE outcome of the recent 2017 fifth Monetary Policy Committee, MPC, meeting of
AllAfrica.com / Posted 8 days ago
THE outcome of the recent 2017 fifth Monetary Policy Committee, MPC, meeting of the Central Bank of Nigeria, CBN, was not surprising. The Committee voted to leave all policy rates unchanged (by a vote of six to one), with the Monetary Policy Rate,... Read more
8d
AllAfrica.com
Ezeife, Soludo Others Declare - Obiano's Re-Election Necessary for Power ShiftPresident, Dr. Alex Ekwueme, first civilian governor of Anambra State, Dr. Chuk
AllAfrica.com / Posted 8 days ago
President, Dr. Alex Ekwueme, first civilian governor of Anambra State, Dr. Chukwuemeka Ezeife, and former governor of the Central Bank of Nigeria, CBN, Professor Charles Soludo, said, weekend, that the surest way power can shift to the zone was... Read more
10d
AllAfrica.com
200 Farmers Get U.S.$121 Million From Central Bankin 29 states of the country, cultivating eight different commodities have gotte
AllAfrica.com / Posted 10 days ago
in 29 states of the country, cultivating eight different commodities have gotten N43 billion so far disbursed by the Central Bank of Nigeria (CBN) under its Anchor Borrowers' Programme (ABP) which was launched in November 2015, Governor of... Read more
10d
AllAfrica.com
Reps Directs CBN to Stop Surcharge for Mutilated Naira NotesThe House of Representatives yesterday urged the Central Bank of Nigeria (CBN)
AllAfrica.com / Posted 10 days ago
The House of Representatives yesterday urged the Central Bank of Nigeria (CBN) to immediately remove surcharge (fees) levied on commercial banks for destruction of old mutilated naira notes in the country. The House also directed that the CBN as a... Read more
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11d
AllAfrica.com
Nigeria Earned, Squandered N77trn Oil Revenue in 17 Yearsthe lives of its citizens, neither has the country used it to develop the econo
AllAfrica.com / Posted 11 days ago
the lives of its citizens, neither has the country used it to develop the economy. Specifically, data compiled from the Central Bank of Nigeria, CBN, showed that Nigeria earned N77.348 trillion from the oil and gas industry from 1999 to 2016.... Read more
11d
AllAfrica.com
Why 2018 Budget May Exceed N10 Trillion, By Sarakialso asked that the use of operating surplus of internally generated revenue of
AllAfrica.com / Posted 11 days ago
also asked that the use of operating surplus of internally generated revenue of government-owned enterprises like the Central Bank of Nigeria (CBN), Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Ports Authority... Read more
5 related articles
11d
AllAfrica.com
Buhari Appoints Aishah Ahmad New CBN Deputy GovernorMuhammadu Buhari has forwarded the name of Mrs. Aishah Ahmad to the Senate for
AllAfrica.com / Posted 11 days ago
Muhammadu Buhari has forwarded the name of Mrs. Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN). According to the Special Adviser on Media and Publicity, Femi Adesina, Ahmad is to replace... Read more
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11d
AllAfrica.com
NIMASA Remits N21.805bn to Federal Govt CoffersCRF was just N2billion and $15 million respectively. Another payment of $24.02
AllAfrica.com / Posted 11 days ago
CRF was just N2billion and $15 million respectively. Another payment of $24.025 million described as "direct debit" by the Central Bank of Nigeria (CBN) was received from NIMASA accounts. Notably, close to half of 2015 was under the Dr. Goodluck... Read more
11d
AllAfrica.com
Buhari Nominates New CBN Deputy Gov, 4 MPC MembersPresident Muhammadu Buhari has presented Mrs Aishah Ahmad to the Senate for con
AllAfrica.com / Posted 11 days ago
President Muhammadu Buhari has presented Mrs Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN). She is to replace a former Deputy Governor, who retired early this year. LEADERSHIP recalls that the... Read more
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11d
AllAfrica.com
President Taps Aishah Ahmad As CBN Deputy Governor Nomineeappointed 40-year-old Mrs. Aishah Ahmad, currently Executive Director, Diamond
AllAfrica.com / Posted 11 days ago
appointed 40-year-old Mrs. Aishah Ahmad, currently Executive Director, Diamond Bank, as the next Deputy Governor of the Central Bank of Nigeria (CBN). Ahmad whose appointment is subject to Senate confirmation, will replace Dr. Sarah Alade who... Read more
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11d
AllAfrica.com
Trouble in NNPC Over Non-Remittance of $629 Million to TSAthat if it had earlier taken steps to inform the Presidency, Office of the Acco
AllAfrica.com / Posted 11 days ago
that if it had earlier taken steps to inform the Presidency, Office of the Accountant-General of the Federation and the Central bank of Nigeria on the existence of the accounts. Vanguard gathered that $277.8 million is in Diamond Bank account... Read more
11d
AllAfrica.com
EFCC Did Not Arrest Any of Our Officials - CBNThe Central Bank of Nigeria, CBN, has denied report that any of its officials w
AllAfrica.com / Posted 11 days ago
The Central Bank of Nigeria, CBN, has denied report that any of its officials was arrested by the Economic and Financial Crimes Commission, EFCC. Reports in some section of the media had claimed that the Deputy Governor, Operations Directorate of... Read more
11d
AllAfrica.com
CBN to Blacklist Exporters Over Non-Repatriation of Forex ProceedsIn line with its drive to ramp up the country's foreign exchange (forex) earnin
AllAfrica.com / Posted 11 days ago
In line with its drive to ramp up the country's foreign exchange (forex) earnings, the Central Bank of Nigeria (CBN) disclosed that henceforth, exporters that fail to repatriate their forex earnings within the stipulated time would be blacklisted... Read more
11d
AllAfrica.com
Senate - No Pending Foreign Loan RequestAct". The lawmakers also urged the government to explore the use of operating
AllAfrica.com / Posted 11 days ago
Act". The lawmakers also urged the government to explore the use of operating surpluses from agencies such as the Central Bank of Nigeria (CBN), Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigeria Ports Authority... Read more
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11d
AllAfrica.com
2018 Budget May Be Jerked to N10 Trillion - Senatefor. It also asked that the use of operating surplus of internally generated r
AllAfrica.com / Posted 11 days ago
for. It also asked that the use of operating surplus of internally generated revenue of government owned enterprises like Central Bank of Nigeria (CBN), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigerian Ports Authority (NPA)... Read more
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11d
AllAfrica.com
CBN Denies Arrest of Top Official By EFCCThe Central Bank of Nigeria on Thursday denied that one of its directors had be
AllAfrica.com / Posted 11 days ago
The Central Bank of Nigeria on Thursday denied that one of its directors had been arrested by the Economic and Financial Crimes Commission, EFCC. A statement issued by Isaac Okorafor, CBN's acting Director, Corporate Communications, said that the... Read more
11d
AllAfrica.com
Buhari Appoints New CBN Deputy Governor, MPC MembersPresident Muhammadu Buhari has presented Aishah Ahmad to the Senate for confirm
AllAfrica.com / Posted 11 days ago
President Muhammadu Buhari has presented Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria, CBN. She is to replace a former Deputy Governor, who retired early this year. In accordance with the provisions... Read more
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12d
AllAfrica.com
Oil Marketers to Shut Down Depots Over N800bn Unpaid Subsidy Claimpromises. The oil firms added that the second part of the N800 billion debt ar
AllAfrica.com / Posted 12 days ago
promises. The oil firms added that the second part of the N800 billion debt arose from the failure of the government and Central Bank of Nigeria (CBN) to provide foreign exchange to banks that financed the importation of the petroleum products,... Read more
12d
AllAfrica.com
'Slow Pace of Financial Inclusion May Cripple Growth'and Access (EFInA), Modupe Ladipo, at the event titled: "Making financial inclu
AllAfrica.com / Posted 12 days ago
and Access (EFInA), Modupe Ladipo, at the event titled: "Making financial inclusion a certainty in Nigeria by 2020", said Central Bank of Nigeria (CBN) must urgently raise capital requirements for microfinance banks to drive financial... Read more
12d
AllAfrica.com
Excessive Bank Charges - CBN Recovers Over N50 Billion for CustomersAs part of its efforts to protect bank customers from undue exploitation, the C
AllAfrica.com / Posted 12 days ago
As part of its efforts to protect bank customers from undue exploitation, the Central Bank of Nigeria, CBN said on Wednesday it has so far recovered over N50 billion from erring banks as excessive charges imposed on customers. The bank's... Read more
13d
AllAfrica.com
Medical Experts Brainstorm On Improved Funding for Cancer in NigeriaFinancing, CHF, in the National Health Insurance Scheme, NHIS, and the need to
AllAfrica.com / Posted 13 days ago
Financing, CHF, in the National Health Insurance Scheme, NHIS, and the need to engage with the Bank of Industry, BOI, and Central Bank of Nigeria, CBN, and other financial institutions on how to explicitly benefit from concessionary financing for... Read more
13d
AllAfrica.com
‎Anambra Governorship - Obiano Launches Re-Election Campaign - Promises New Airport, Salary Increase, OtherMarriages now happen at home, our industries are thriving, and Willie will keep
AllAfrica.com / Posted 13 days ago
Marriages now happen at home, our industries are thriving, and Willie will keep the good work going," she said. A former Central Bank of Nigeria governor, Chukwuma Soludo, said he believed APGA was headed towards making Anambra State one of the... Read more
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