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CENTRAL BANK OF NIGERIA
News and analysis about Central Bank of Nigeria
The CBN disclosed that it had recovered on behalf of customers over N60 billion excessive charges imposed on them by defaulting banks.
The Nigerian equities market has rallied strongly, with blue chips outperforming, and the all-share index up by 9.2% since the CBN's OMO ban.
Financial and economic experts have faulted the Central Bank of Nigeria (CBN) over its introduction of a longer-term contract on the naira.
The Central Bank of Nigeria (CBN) says rice farmers in Niger Delta area will now be offered single-digit loans.
Ghana has been considered top on foreign investors list this year despite the slowing economy the country has had in recent times.
CBN has lamented the rate at which international money transfers are done in foreign currencies by Nigerians, saying it is detrimental to naira.
MTN Group Limited said yesterday that it expects its Highline earnings for the year ended December 2019 to increase by 50%.
FG made N1.1 trillion from VAT in twelve months, an amount lower than the projected N1.7 trillion, which the Federal Government set in the 2019 budget.
Corporate issuers appear to be taking advantage of the unorthodox policies of the CBN to raise funds from the local debt market.
The CBN has disclosed plans to commence recycling of mutilated naira notes by partnering with private firms for the purpose.
The CBN has released its ‘January 2020 Business Expectations Survey Report’ detailing the challenges affecting businesses in Nigeria.
The Central Bank of Nigeria (CBN) has injected $218.41 million into the inter-bank retail Secondary Market Intervention Sales (SMIS).