TAG: CBN

CBN has so far disbursed N277.4 billion as Power and Airline Intervention Fund

CBN has so far disbursed N277.4 billion as Power and Airline Intervention Fund

The Central Bank of Nigeria (CBN) has made a cumulative disbursement of N277.4 billion...


CBN pumps fresh $364million into inter-bank Forex market

CBN pumps fresh $364million into inter-bank Forex market

The Acting Director of Corporate Communications, Central Bank of Nigeria (CBN), Mr Isaac Okorafor...


This is the N7 trillion CBN debt no one seems to be talking about

This is the N7 trillion CBN debt no one seems to be talking about

The Central Bank of Nigeria has been attracting much kudos of late especially for...


Banks ask for damages as FG withdraws N247 billion TSA case against them

Banks ask for damages as FG withdraws N247 billion TSA case against them

After accusing 7 commercial banks of illegally withholding government funds, that were meant for...


Why banks and FinTechs will not enter a 2-horse race

Why banks and FinTechs will not enter a 2-horse race

The Director, Banking and Payments System Department of the Central Bank of Nigeria believes...


NCC says you now need ‘bank approval’ to complete sim swap

NCC says you now need ‘bank approval’ to complete sim swap

In a new move to end SIM-swap related e-fraud, the Central Bank of Nigeria...



All the major economic news from Nigeria in 5 minutes-3/8/2017

All the major economic news from Nigeria in 5 minutes-3/8/2017

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


All the major economic news from Nigeria in 5 minutes-1/8/2017

All the major economic news from Nigeria in 5 minutes-1/8/2017

Summary of the top business, economic and political news in Nigeria today. Pay TV...


All the major economic news from Nigeria in 5 minutes-31/7/2017

All the major economic news from Nigeria in 5 minutes-31/7/2017

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


All the major economic news from Nigeria in 5 minutes-27/7/2017

All the major economic news from Nigeria in 5 minutes-27/7/2017

Summary of the top business, economic and political news in Nigeria today. The Economic...


All the major economic news from Nigeria in 5 minutes-26/7/2017

All the major economic news from Nigeria in 5 minutes-26/7/2017

Summary of the top business, economic and political news in Nigeria today.   Top...


CBN says 9mobile will have a new investor latest December   

CBN says 9mobile will have a new investor latest December   

On the sidelines of yesterday’s Monetary Policy Committee (MPC) meeting, Central Bank of Nigeria...


CBN Governor says Nigerian stock market may be in a bubble

CBN Governor says Nigerian stock market may be in a bubble

In comments that may scare the investing community, Central Bank Governor, Godwin Emefiele said...


CBN holds MPR at 14% ; what it means for Startups and SME’s

CBN holds MPR at 14% ; what it means for Startups and SME’s

The Central Bank of Nigeria CBN’s Monetary Poly Committee meeting (MPC) was concluded on...


All the major economic news from Nigeria in 5 minutes-25/7/2017

All the major economic news from Nigeria in 5 minutes-25/7/2017

Summary of the top business, economic and political news in Nigeria today. Suspected militants...


All the major economic news from Nigeria in 5 minutes – 24/7/2017

All the major economic news from Nigeria in 5 minutes – 24/7/2017

Summary of the top business, economic and political news in Nigeria today.   The...


CBN blows past N3 trillion in treasury bills sales, YTD July 2017 alone

CBN blows past N3 trillion in treasury bills sales, YTD July 2017 alone

Available data from the Central Bank of Nigeria shows the government via the CBN...


All the major economic news from Nigeria in 5 minutes 21/7/2017

All the major economic news from Nigeria in 5 minutes 21/7/2017

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


CBN sells N145.9 billion in treasury bills for 23% pa

CBN sells N145.9 billion in treasury bills for 23% pa

The Central Bank of Nigeria has disclosed that it sold about N204.9 billion in...


Genius or luck? Emefiele’s NAFEX window seems to be working

Genius or luck? Emefiele’s NAFEX window seems to be working

Stroke of genius or just...


All the major economic news from Nigeria in 5 minutes – 18/7/2017

All the major economic news from Nigeria in 5 minutes – 18/7/2017

Summary of the top business, economic and political news in Nigeria today.   Acting...


All the major economic news from Nigeria in 5 minutes – 17/7/2017

All the major economic news from Nigeria in 5 minutes – 17/7/2017

Summary of the top business, economic and political news in Nigeria today.   The...


Are these CBN policies the reason for the scarcity of N100 notes?

Are these CBN policies the reason for the scarcity of N100 notes?

The scarcity of N100 notes across the country could be linked to a series...


Another N600 million CBN grant on its way to farmers for rice and tomato production

Another N600 million CBN grant on its way to farmers for rice and tomato production

Farmers in Gombe state now have cause to cheer as the Central Bank of...


All the major economic news from Nigeria in 5 minutes – 14/7/2017

Summary of the top business, economic and political news in Nigeria today.   The...


CBN has revealed how much Nigerians lost from MMM

CBN has revealed how much Nigerians lost from MMM

The cost of...


Looks like CBN dollar Intervention is yielding ‘positive results’

Looks like CBN dollar Intervention is yielding ‘positive results’

The series of recent interventions by the Central Bank of Nigeria appears to be...


All the major economic news from Nigeria in 5 minutes – 12/7/2017

All the major economic news from Nigeria in 5 minutes – 12/7/2017

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


The Events That Shaped Nigeria’s Economy in the First half of 2017

The Events That Shaped Nigeria’s Economy in the First half of 2017

A couple of noteworthy events of economic or business relevance occurred during the 1st...


Senate, CBN and Banks Meet to discuss Interest rates

Senate, CBN and Banks Meet to discuss Interest rates

In a bid to address the high level of interest rates in the country,...