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CBN
CBN announced that its maiden auction of Yuan has been estimated at N3.6 billion.
The credit facility is specially designed for exporters of non-oil commodities.
This latest development comes barely hours after all hope seemed lost for Teleology Holdings.
Final transaction for the takeover of 9mobile, on Wednesday, has failed.
The Central Bank of Nigeria concluded its Monetary Policy Meeting on Wednesday leaving Monetary Policy Rates at 14%...
The MPC of the CBN voted to leave the Monetary Policy Rate at 14%.
CBN has started the trading of Yuan for the first time.
This is happening two months after the CBN ordered the removal of some of the company's top executives.
The N20 billion is the second tranche of the N50 billion bond programme.
CBN has warned money hawkers in Nigeria to desist from the practice or risk jail term.
The Senate has considered Tunde Lemo's appointment 9 month after President Buhari announced his appointment.
CBN has injected the sum of $210 million into the inter-bank foreign exchange (forex) market.