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CENTRAL BANK OF NIGERIA

News and analysis about Central Bank of Nigeria

The CBN is optimistic that the overall CI on the macroeconomy would increase from 27.3 index points as at October 2019, to 59.6 index points.
The CBN has disclosed that bank credit to government and the private sector hit N36.48 trillion in September 2019  
ALTON has called on the NCC and CBN to summon financial and telecoms industry stakeholders for a meeting as regards to the USSD dispute.
A Canadian company, Thor Explorations Limited has renewed interest in boosting Nigeria’s efforts to persuade investors
First Bank of Nigeria Limited has announced that its Agent Banking National award ceremony would hold on Friday, 25 October 2019.
The CBN has directed all banks to exclude individuals and local corporates from investing in OMO auctions with effect from October 23, 2019.  
CBN Financial Stability Report has revealed that the apex regulator and 15 DMBs have injected N228.28 billion in AMCON in 12 months.
Banks refund N3.09 billion to customers over fraud, excess charges, others  
Nigeria’s External Reserves plunge to $40.03 billion as devaluation concerns brew
The CBN has disagreed with the International Monetary Fund (IMF) on the impact of the closure of Nigerian land borders.
The CBN has declared all Nigerian banks strong and healthy even though some of them failed their routine stress tests.
The CBN injected a cumulative sum of $8.28 billion to further sustain relative stability in the Foreign Exchange (FX) market.