TAG: CBN

All the major economic news from Nigeria in 5 minutes – 27/6/2017

Summary of the top business, economic and political news in Nigeria today.   The Federal Government is seeking a...


All the major economic news from Nigeria in 5 minutes – 23/6/2017

Summary of the top business, economic and political news in Nigeria today.   The Lagos State Government has promised...


All the major economic news in Nigeria in 5 minutes 22/6/2017

Summary of the top business, economic and political news in Nigeria today.   The Acting Chairman, Fiscal Responsibility Commission...



All the major economic news from Nigeria in 5 minutes – 20/6/2017

Summary of the top business, economic and political news in Nigeria today.   The federal government has unveiled the...


All the major economic news from Nigeria in 5 minutes – 19/6/2017

Summary of the top business, economic and political news in Nigeria today.   Barring further economic upheavals or exogenous...


All the major economic news from Nigeria in 5 minutes – 16/6/2017

Summary of the top business, economic and political news in Nigeria today.   Acting president, Yemi Osinbajo, says refineries...


All the major economic news from Nigeria in 5 minutes – 14/6/2017

Summary of the top business, economic and political news in Nigeria today.   The Federal Government has started the...


5 reasons why the CBN may not meet its 11% inflation target

Central Bank Governor, Godwin Emefiele speaking at a hearing organized by the Senate, said the CBN was targeting 11%...


Official: Treasury Bills Calendar For 2017 (Q1-Q3)

Nairametrics| The Central Bank of Nigeria has released its 2017 first & second quarter Treasury Bills Issuance Calendar. See...


30% of Nigeria’s forex was spent on fuel importation in 2016

The Central Bank of Nigeria (CBN) spent 30% of the country’s​ foreign exchange earnings on importing petroleum products in...


MCSI Index re-balancing could inject steroids into an already charged Nigerian stock market

Rebalancing  of the Morgan Stanley emerging market index could have a positive effect on the Nigerian Stock Exchange (NSE)...


Etisalat vs Nigerian banks: Why not try this option?

The intervention by the National Communications Commission (NCC) and the Central Bank of Nigeria (CBN) in negotiations between Etisalat...



Senate’s move to fix interest rate won’t work.

Senate President Bukola Saraki said the Senate may restrict the quantity of government securities banks can buy. Saraki was...


Nigerian Treasury Bills Tracker (Updated June 2, 2017)

This is an up to date breakdown of treasury bills sales made by the Central Bank of Nigeria since...


There is something fishy going on with Nigerian Treasury Bills market

The Central Bank of Nigeria on Thursday released results of its latest treasury bills auction. As has been the...



AMCON made a N254 billion loss in 2016

MD of the bad bank Mohammed Kuru said the possibilities of an AMCON II were unlikely. Kuru was of...



Why Valentine farms may not get a N2bn CBN loan

Valentine farms, one of the 13 Shongai farms may not be accessing a N2 billion loan from the Central...


CBN to engage in tweet chat today by 5pm

In perhaps what is the first move ever in the world by a central bank to comprehensively address a...


In a rare consensus, CBN, IMF and World Bank all share the same view about Nigeria’s spiraling debt

The economic recession that hit Nigeria last year meant that desperate measures had to be taken in order to...


Low down on Adeosun’s plan to hike interest rates on unpaid taxes

Nairametrics| Individuals who default in paying taxes will face a hike in the interest rates on arrears . Minister...


Okomu Oil Palm to spend N250 million on CSR this year

Nairametrics| Okomu Oil palm plans to spend N250 million on Corporate Social Responsibility (CSR) in 2017. Here is the...



5 takeaways from CBN’s February Banking Report

Nairametrics| The Central Bank of Nigeria (CBN) has released its February report on the banking industry. With not so...


Banks to now charge N600 (up from N50) as annual ATM card maintenance fee

Recently revised bank charges by the Central Bank of Nigeria will take effect this month. The CBN had earlier...