Tag
CBN POLICIES
The Central Bank of Nigeria (CBN) on Friday moved the official exchange rate from N307/US$1 to N360/US$1.
The Central Bank of Nigeria and the bankers' committee have agreed to back a N3.5 trillion stimulus package for the Nigerian economy.
Governor, Godwin Emefiele clarifies the supposed devaluation of Naira. Says it is an adjustment of price and not a devaluation of the currency.
CBN, bankers committee announce list of pharmaceuticals for intervention programme
The central bank of Nigeria has devalued its official exchange rate from N307/$1 to N360/$1.
Africa’s biggest economy is again reacting to this crisis the same way it did in the past as she failed to stop its currency from devaluing
The Central Bank of Nigeria (CBN) has reportedly devalued the Naira. Nairametrics found from a reliable source that the CBN moved the rate of foreign exchange to Foreign Portfolio Investors (FPIs) from N366.70 to N380.20/USD.
Central Bank of Nigeria has disclosed that the apex bank would support critical sectors of the economy with N1.1 trillion intervention fund. This was stated by the Godwin Emefiele, Governor of the apex bank on Wednesday in a statement.
In light of the rampaging impact of the COVID-19 pandemic on global supply chains, CBN announced its initial policy response to the pandemic.
The Central Bank of Nigeria (CBN) has disclosed that the interest rates on all applicable apex bank's intervention facilities have been reduced from 9% to 5% per annum for 1 year effective March 1, 2020.
Zenith bank which is currently the second-largest bank in Nigeria with a total asset size of about N6.3...
The Central Bank of Nigeria (CBN) has restricted the process of cash withdrawal of electronic transfer deposits made into domiciliary accounts