CBN Governor says Nigeria’s external reserves sufficient to cover 7-months import

External reserves, CBN to hold MPC meeting next week, Demand for credit by household increases in Q2 2020 - CBN, CBN grants licenses to 3 Payment Service Banks, Mobile money loan CBN Governor, CBN, Three PSBs get Apex Bank’s provisional to commence operations, Milk Import: Experts advise CBN on FX restriction , CBN automates trading system, introduces electronic form to facilitate exports , CBN campaigns for Made-in-Nigeria products , CBN recent macroeconomic policies, others lead to a higher Fitch rating; from negative IDR to a stable ‘B’ rating, AGSMEIS: CBN expand beneficiaries to 14,638.

The CBN Governor has insisted that Nigeria’s current external reserves is sufficient to cover 7 months of imports of goods ...

Naira stabilizes at black market as CBN continues its intervention in forex market

Naira devalued, now N390/$1 as black market (wired) hits N503/$1

by Chike Olisah

November 27, 2020

Nairametrics can confirm that the exchange rate between the naira and dollar has depreciated to N390/$1.

Naira, Why exchange rate disparity remains high despite CBN’s intervention

Dollar Exchange Rate: The demand and supply crossroads

by Kalu Aja

November 27, 2020

If the supply of dollars from the CBN meets or exceeds the demand for Naira by importers, then the dollar ...

PAC Trustees webinar highlights seamless access to credit facilities for organizations

by NM Press

November 26, 2020

The webinar was geared towards enlightening the general public about the necessary requirement for ensuring a smooth lending process for ...

CACOVID devotes N23 billion to feed Nigerians

COVID-19: CACOVID spent N43.27 billion to support 3 key priorities – CBN

by Chidi Emenike

November 25, 2020

The Central Bank of Nigeria (CBN) has revealed that the Coalition Alliance Against COVID-19 (CACOVID) has so far incurred an ...

CBN reduces over-the-counter withdrawals to N100k, N500k per week for individuals, companies

CBN Governor alleges parallel market used for bribes and corruption

by Chike Olisah

November 25, 2020

Emefiele has said that the parallel market is a tainted market where illegal foreign exchange transactions take place.

NIRSAL, The National Information Technology Development Agency has kick-started a job and wealth creation programme where 130 farmers will each receiv, e seed funding of N100,000Border Closure: Nigerian rice farmers are struggling to feed a rice-hungry nation. CBN to give Niger Delta rice farmers single-digit loan

Delta farmers target 28,000 MT of rice from this year’s dry season farming

by Omokolade Ajayi

November 23, 2020

Farmers in Delta state are targeting 28,000 MT of rice from this year’s dry season farming.

The economy may end up weaker if inflation rate is not controlled – CBN report

by Johnson Uche

November 21, 2020

62.1% of respondents of a CBN survey have said that the economy may end up weaker if the inflation rate ...

Central Bank says monetary policy not to blame for rising food cost

by Nairametrics

November 20, 2020

The CBN has insisted that rising food inflation can not be attributed to its monetary policy but to supply-related issues.

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

CBN list requirements for third party participation in buying forex routed through Form M

by Chike Olisah

November 19, 2020

The CBN has clarified its position on the removal of third parties from buying of foreign exchange routed through Form ...

Tag: Central Bank of Nigeria