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CENTRAL BANK OF NIGERIA
News and analysis about Central Bank of Nigeria
The CBN and Roche Pharmaceutical Company get Enugu State Government's approval to revive moribund state-owned agricultural factories.
The apex bank said that the release was to enable moderation and price control in the Nigerian market.
The move is part of the measures initiated by the CBN to help address the rising cost of food prices in the Nigerian market.
CBN governor, Godwin Emefiele advised investors in the U.K that he expects the true value of the naira to be between N430-455/$1.
The Central Bank of Nigeria (CBN) has granted a non-interest banking licence to Lotus Bank Limited.
The CBN Governor has disclosed how the Federal Government hopes to reduce its import bill by about 35%.
The CBN has hinted at sealing an agreement with the Central Bank of the Gambia (CBG) to undertake the printing of legal tender for the latter.
International financial institution, the World Bank has faulted Nigeria's apex bank in the way it has managed exchange rate.
The CBN has said it will be launching a Central Bank Digital Currency (CBDC) before the end of 2021.
The CBN has disbursed over N300 billion to firms and farmers in the Southern part of the nation.
The CBN is making moves to reinstate ousted MD/CEO of First Bank Ltd as the controversy surrounding his removal rages.
Sources in First Bank accuse CBN of meddling in its internal affairs.