The Central Bank of Nigeria (CBN) has issued another circular to Bureau De Change operators (BDCs), informing them of the direct sales of US dollars to BDCs at a discounted rate of N1,021 per dollar.
Dr. Olayemi Michael Cardoso is to assume the role of Governor of the CBN for an initial term of five (5) years, subject to confirmation by the Nigerian Senate.
A Federal High Court sitting has declined an application by the Department of State Services (DSS) to arrest CBN Governor Godwin Emefiele
The CBN governor has withdrawn a suit that sought to restrain INEC and the AGF from preventing him from his presidential ambition.
Nigerians have reacted to the CBN governor's purchase of APC's N100 million presidential nomination and expression of interest forms...
The CBN boss said that part of his focus is also to build a strong financial system in an increasingly uncertain global economy.
The liquidity based indicators of the nation remain a concern, as they make Nigeria’s low debt-to-GDP ratio highly vulnerable to shocks.
The Monetary Policy Committee of the Central Bank of Nigeria (@cenbank) has raised the Cash Reserve Ratio by 500 basis points to 27.5%. Meanwhile, other parameters such as Monetary Policy Rate, Liquidity ratio, and asymmetric corridor remain unchanged.
Presco Plc, a palm-oil processing and agro-industrial firm has signed a partnership with the Edo state Government to develop high yielding oil palm seeds.
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to stop Foreign Exchange (FOREX) for the importation of food into the country.
@cenbank has revealed that milk importation is not banned as against widespread reports.
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to blacklist any firm, its owner, and top management caught smuggling or dumping any of the restricted 43 items into Nigeria.
