Central Bank of Nigeria

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2h
AllAfrica.com
Nigeria Can Bridge Housing Deficit By 2030brought to bear, we may not attain where we are today" He congratulated the pi
AllAfrica.com / Posted 2 hours ago
brought to bear, we may not attain where we are today" He congratulated the pioneers of the housing development like Central Bank of Nigeria (CBN), Federal Mortgage Bank of Nigeria (FMBN), United Bank for Africa (UBA), FCT, FCDA and... Read more
2h
AllAfrica.com
CBN Releases Fresh $195m Into Fx MarketAbuja — The Central Bank of Nigeria (CBN) on Monday, injected the sum of $195mi
AllAfrica.com / Posted 2 hours ago
Abuja — The Central Bank of Nigeria (CBN) on Monday, injected the sum of $195million into the inter-bank Foreign Exchange Market. Details of the new release showed that $100million was offered to authorized dealers in the wholesale segment of the... Read more
4h
AllAfrica.com
Anambra 2019 - Factors That May Swing the Pendulumcontesting on the defunct Action Congress of Nigeria (ACN) platform, the ruling
AllAfrica.com / Posted 4 hours ago
contesting on the defunct Action Congress of Nigeria (ACN) platform, the ruling PDP in Abuja was determined to make former Central Bank of Nigeria (CBN) governor, Prof. Chukwuma Soludo the governor of the state. Before the election, the President,... Read more
4h
AllAfrica.com
Court Adjourns $407 M Suit Against Shell, AGIP to November 15claiming the sum of $406.8 million from the defendants, representing the shortf
AllAfrica.com / Posted 4 hours ago
claiming the sum of $406.8 million from the defendants, representing the shortfall of money paid into its account with the Central Bank of Nigeria (CBN). The money was said to be for crude oil lifted between 2013 and 2014.In a supporting... Read more
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5h
AllAfrica.com
Govt's Suit Against Shell, ENI Adjourned$406.8 million from the defendants, representing the shortfall of money paid in
AllAfrica.com / Posted 5 hours ago
$406.8 million from the defendants, representing the shortfall of money paid into the federal government's account with the Central Bank of Nigeria. In a supporting affidavit, the federal government had accused the Anglo-Dutch company of not... Read more
2 related articles
17h
AllAfrica.com
"Africa's Pathway Out of Poverty" - By Dr. Akinwumi A. Adesina, President of the African Development Bank, World Food Prize Laureate Luncheon, October 20, 2017, in Des Moines, Iowain the country to lend to the agriculture sector. We successfully set up a $350
AllAfrica.com / Posted 17 hours ago
in the country to lend to the agriculture sector. We successfully set up a $350-million risk-sharing facility with the Central Bank of Nigeria, which helped to leverage $3.5 billion in lending towards the agriculture sector, with a repayment... Read more
24 related articles
21h
AllAfrica.com
Still On Insurgency and Rebuilding of the North Eastit is proper to suggest that, the region should be considered for the various e
AllAfrica.com / Posted 21 hours ago
it is proper to suggest that, the region should be considered for the various empowerment schemes by the MDAs and the Central Bank of Nigeria provided other states. It is important to note, that states in the North East especially Borno and... Read more
21h
AllAfrica.com
CBN to Bar Fraudsters From Banking Transactions for 10 YearsFramework for Bank Verification Number (BVN) Operations and Watch-List for the
AllAfrica.com / Posted 21 hours ago
Framework for Bank Verification Number (BVN) Operations and Watch-List for the Nigerian Banking Industry released by the Central Bank of Nigeria (CBN), even fraudsters who have not committed monetary infractions would be blacklisted. The... Read more
21h
AllAfrica.com
CBN - Securing Nigeria's Electronic Payment Systemshown that the Nigerian value exchange needs to be monitored, more secured and
AllAfrica.com / Posted 21 hours ago
shown that the Nigerian value exchange needs to be monitored, more secured and recorded by the regulatory authorities - the Central Bank of Nigeria (CBN) with a focus to ensure that the banking industry, and by extension, the economy runs... Read more
1d
AllAfrica.com
Investors, Exporters' FX Turnover Hits $1.9 Billion in One WeekLagos — The Central Bank of Nigeria (CBN) Investors & Exporters Foreign Exchang
AllAfrica.com / Posted yesterday
Lagos — The Central Bank of Nigeria (CBN) Investors & Exporters Foreign Exchange Window (I&EFX) total turnover rose to $1.9 billion last week as against $921.04 million in prior week, data from FMDQ OTC securities revealed. The FMDQ's referenced... Read more
1d
AllAfrica.com
Cryptocurrencies - the Emerged Elephant in the Roomwhen it comes to a young, new, fiscal alternative that is not controlled by any
AllAfrica.com / Posted yesterday
when it comes to a young, new, fiscal alternative that is not controlled by any governing body. In January 2017, the Central Bank of Nigeria (CBN) issued a circular that strictly banned all local banks from dealing with cryptocurrency... Read more
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1d
AllAfrica.com
MTN, Airtel, Ntel, 13 Other Firms Scramble for 9Mobilefrom a group of 13 banks but struggled to make repayments this year due to a cu
AllAfrica.com / Posted yesterday
from a group of 13 banks but struggled to make repayments this year due to a currency crisis and recession in Nigeria. The Central Bank of Nigeria (CBN) was forced to intervene to save the company from collapse and prevent creditors from putting it... Read more
1d
AllAfrica.com
CBN Sells N140 Billion Treasury BillsThe Central Bank of Nigeria (CBN) last week auctioned treasury bills worth N133
AllAfrica.com / Posted yesterday
The Central Bank of Nigeria (CBN) last week auctioned treasury bills worth N133.79 billion via primary markets. A breakdown of the fixed income instrument showed that while it issued 91-day bills worth N32.40 billion; 182-day bills worth N35.00... Read more
3d
AllAfrica.com
Buhari Demands Full List of Lootersthe Vice Chairman with representatives of the Ministries of Finance, Trade and
AllAfrica.com / Posted 3 days ago
the Vice Chairman with representatives of the Ministries of Finance, Trade and Industry, National Planning, Justice and the Central Bank of Nigeria (CBN)". The lawmaker further observed that while the ministers of Power and Petroleum Resources are... Read more
4d
AllAfrica.com
Many Ex-Nigeria Airways Workers Die Waiting for Pensionthe money was approved, the pensioners had been making enquiries at the Ministr
AllAfrica.com / Posted 4 days ago
the money was approved, the pensioners had been making enquiries at the Ministry of Finance, Ministry of Aviation and the Central Bank of Nigeria (CBN) to ascertain why the payment was yet to start. "There is so much silence and we don't know who... Read more
4d
AllAfrica.com
President Buhari's Midterm Report - CBN Takes the CakeBeing a farmer himself, it was easy for President Muhamadu Buhari to spot the f
AllAfrica.com / Posted 4 days ago
Being a farmer himself, it was easy for President Muhamadu Buhari to spot the fact that the Central Bank of Nigeria (CBN) Anchor Borrowers Programme has been making waves by having massive impact on the farming sector across the country and by... Read more
4d
AllAfrica.com
Stop Giving Bailouts to Govs, Labour Tells Buhariplenary. Uzodinma said out of the N140 billion recovered, N128 billion was rem
AllAfrica.com / Posted 4 days ago
plenary. Uzodinma said out of the N140 billion recovered, N128 billion was remittances some collection banks made to the Central Bank of Nigeria, while N12 billion was the payments that were made to government voluntarily by selected 60 companies... Read more
4d
AllAfrica.com
Ontario Speaks On Fresh Fraud Allegations By Union BankUdoh also alleged that Union Bank had unwittingly shot itself on the foot by it
AllAfrica.com / Posted 4 days ago
Udoh also alleged that Union Bank had unwittingly shot itself on the foot by its failure to "register the Form M with Central Bank of Nigeria, CBN, nearly 8 months after, which made it difficult for them to successfully bid for forex to tidy... Read more
4d
AllAfrica.com
Judges, Bankers Caution Against Use of Virtual Currenciesfinancial intermediation models across the world, called for proactive measures
AllAfrica.com / Posted 4 days ago
financial intermediation models across the world, called for proactive measures to mitigate the impact of the trend. The Central Bank of Nigeria (CBN) had issued a statement earlier in the year, barring deposit money banks and all other financial... Read more
4d
AllAfrica.com
Govt Recovered N140 Billion From Revenue Leakages, Says Senatethrough its probe of revenue leakages, the collection banks had remitted N140 b
AllAfrica.com / Posted 4 days ago
through its probe of revenue leakages, the collection banks had remitted N140 billion to the Federal Government through the Central Bank of Nigeria (CBN) This disclosure was sequel to the consideration of the interim report of its Joint Committee... Read more
4d
AllAfrica.com
Customs Revenue Leakage Probe - N140bn Recovered From Erring Firms, Banks - SenateAbuja — THE Senate, yesterday disclosed, that about N140 billion has been retur
AllAfrica.com / Posted 4 days ago
Abuja — THE Senate, yesterday disclosed, that about N140 billion has been returned to the Federal Government through the Central Bank of Nigeria, CBN, by firms and banks found guilty in its investigations into revenue leakages in the Nigeria Customs... Read more
5d
AllAfrica.com
Senate Committee Asks Stanbic, Zenith Banks to Unfreeze Patience Jonathan's Accountsof the bank said the account was frozen because it had not fully complied with
AllAfrica.com / Posted 5 days ago
of the bank said the account was frozen because it had not fully complied with the "Know Your Customer" requirements of the Central Bank of Nigeria. Earlier, the Acting Managing Director of Eco bank, Mr. Akin Dada said the personal account of Mrs.... Read more
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5d
AllAfrica.com
CBN Releases N501 Bn for Commercial Agric Credit SchemeLagos — The Central Bank of Nigeria (CBN) has so far released a total sum of N5
AllAfrica.com / Posted 5 days ago
Lagos — The Central Bank of Nigeria (CBN) has so far released a total sum of N501.697 billion under the commercial agriculture credit scheme (CACS). Information obtained from the bank by LEADERSHIP showed that the fund was deployed to boost 526... Read more
5d
AllAfrica.com
Is This Administration Still Fighting Corruption?(BVN) and introduction of a unified Treasury Single Account (TSA) for all gover
AllAfrica.com / Posted 5 days ago
(BVN) and introduction of a unified Treasury Single Account (TSA) for all government revenue and other incomes with the Central Bank of Nigeria (CBN). But government needs to empower the Economic and Financial Crimes Commission (EFCC), the... Read more
5d
AllAfrica.com
Seven Nigeria Airways Pensioners Die in One Week Awaiting Entitlementswas approved, the pensioners had been making enquiries at the Federal Ministrie
AllAfrica.com / Posted 5 days ago
was approved, the pensioners had been making enquiries at the Federal Ministries of Finance and Aviation as well as the Central Bank of Nigeria to ascertain why the payment was yet to be made. "There is so much silence and we don't know who is... Read more
6d
AllAfrica.com
Kaduna Internal Revenue Service and Benefits of Reformsrevenue collection, particularly in places where there are no banks. We have co
AllAfrica.com / Posted 6 days ago
revenue collection, particularly in places where there are no banks. We have contracted money agents, certified by the Central Bank of Nigeria" Ahmed Muktar. World wide, the payment of taxes provokes deep seated anger and resentment, due to... Read more
6d
AllAfrica.com
Senate Urges Govt, States to Adopt CBN's Anchor Borrowers ProgrammeIsah and Solomon Ayado Abuja — Senate yesterday urged government at all levels
AllAfrica.com / Posted 6 days ago
Isah and Solomon Ayado Abuja — Senate yesterday urged government at all levels to adopt Anchor Borrowers Programme of the Central Bank of Nigeria, CBN in order to address the problem of food security and poverty eradication in the country. It,... Read more
6d
AllAfrica.com
Intels - NPA Frustrated Attempts to Resolve TSA Logjamfirst letter from NPA asking Intels to comply with the TSA policy and pay the r
AllAfrica.com / Posted 6 days ago
first letter from NPA asking Intels to comply with the TSA policy and pay the revenue collected on our behalf with the Central Bank of Nigeria was written by the immediate past managing director of NPA. Ms. Bala-Usman was appointed a month... Read more
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6d
AllAfrica.com
Constitutional Provisions - Nigeria President and the Congresswhile other Nigerians emulate their stance. It will be recalled that in 2014,
AllAfrica.com / Posted 6 days ago
while other Nigerians emulate their stance. It will be recalled that in 2014, Lamido Sanusi, the then governor of Central Bank of Nigeria (CBN) declared that 'oil theft became the major flourishing industry in Nigeria and carried out with... Read more
6d
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 6 days ago
Abuja — The Central Bank of Nigeria (CBN), on Monday October 16, 2017 continued to maintain liquidity in the Forex market by injecting $195 million in the the Nigerian inter-bank foreign exchange market. Figures released by the Bank show that it... Read more
7d
AllAfrica.com
Naira Down to 360.75/$ At Nafexin the parallel market the naira rose to N364 per dollar from N363 per dollar e
AllAfrica.com / Posted 7 days 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
3 related articles
7d
AllAfrica.com
Experts Differ Over Govt's Plan to Continue Borrowingsector. The private sector has infinitely elastic amount of credit available".
AllAfrica.com / Posted 7 days 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
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8d
AllAfrica.com
Why Nigerians Should Tolerate Our BorrowingsMinister of Finance, Mrs. Kemi Adeosun, made the comments while addressing a jo
AllAfrica.com / Posted 8 days ago
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
3 related articles
8d
AllAfrica.com
Why We're Borrowing More - Finance Ministerwould soon introduce luxury tax, adding that the necessary process would soon b
AllAfrica.com / Posted 8 days ago
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
3 related articles
8d
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 8 days ago
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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8d
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 8 days ago
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
3 related articles
8d
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 8 days ago
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
8d
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 8 days ago
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
3 related articles
8d
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 8 days ago
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
8d
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 8 days ago
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
8d
AllAfrica.com
CBN Pumps $306 Million Into Forex Marketin the retail segment of the Nigerian interbank foreign exchange (forex) market
AllAfrica.com / Posted 8 days ago
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
3 related articles
8d
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 8 days ago
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
8d
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 8 days ago
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
10d
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 10 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
10d
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 10 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
2 related articles
10d
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 10 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
10d
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 10 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
11d
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 11 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
12d
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 12 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
13d
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 13 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
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