CBN, NAIC discuss need for accurate farming data
The Nigerian Agricultural Insurance Corporation has stated that it is discussing the need for perfect data for farmers across the ...
Tag: CBN
Official exchange rate gains as dollar supply records significant increase
Friday, 17th September 2021: The exchange rate between the naira and the US dollar closed at N412.88/$1, at the official Investors and Exporters window. Naira appreciated against the US dollar ...
CBN says no more dollar sales to people who buy weapons
The Central Bank of Nigeria (CBN) has said that it would no longer allocate foreign exchange to currency traders who ...
abokiFX vs CBN: abokiFX says it will temporarily suspend rates, hopes suspension leads to Naira appreciation
Online foreign exchange rate website, abokiFX, which is currently under investigation by the Central Bank of Nigeria (CBN), says it ...
We will find you, force you to return dollars bought on false demand, CBN warns
The Central Bank of Nigeria (CBN) has stated that it will hunt Nigerians who buy forex for Personal Travel purposes ...
Nigeria’s output gap would be closed by the end of the year – CBN
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that he is optimistic that the output gap ...
Housing finance can drive growth in financial sector – Osinbajo
The Vice President, Prof. Yemi Osinbajo has said that Housing Finance has a huge potential to assist in developing the ...
CBN to establish Nigerian International financial Centre to attract foreign investors
The Central Bank of Nigeria (CBN) has announced that the Nigerian International Financial Centre (NIFC) will be established to act ...
Falling trend of non-performing loans indicate increasing banking sector resilience – MPC
Non-performing loans in the banking industry fell to 5.70% in June 2021 compared with 6.4% in June 2020. This bearish ...
CBN does not believe in or support the Ministry of Mines and Steel – Minister
Dr. Uche Ogah, Minister of State for Mines and Steel Development, has lamented the Central Bank of Nigeria's lack of ...
