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CENTRAL BANK OF NIGERIA
News and analysis about Central Bank of Nigeria
The CBN has announced its decision to increase the TCF for households and SMEs from N150 billion to N300 billion.
Importation of petroleum products is a major reason why have a current account deficit of $5.2 billion
The CBN has reportedly appointed KPMG LLP as transaction adviser for its newly set up infrastructure fund.
The CBN is organising a social media challenge in celebration of the 2021 Global Money Week.
The CBN has extended the deadline for expressions of interest for appointment as asset manager for InfraCorp.
Some experts have raised concerns over the implementation of CBN's Naira4Dollar policy.
The CBN has awarded the sum of N253.54 million grants to 5 researchers under its Healthcare Sector Scheme.
Many analysts worry that taxpayers funds will be going to reward forex earners and many others see the policy as a subtle devaluation.
The CBN Governor has called on multinationals operating in the country to work towards the production of their goods in Nigeria.
Since the emergence of the novel coronavirus, the monetary authority has continued to introduce measures to support economic recovery.
The CBN highlighted the great and untapped opportunity the Agriculture sector holds for the country.
The CBN Governor has revealed that Dangote Refinery will sell refined crude to Nigeria in naira when it commences production.