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CENTRAL BANK OF NIGERIA

News and analysis about Central Bank of Nigeria

The Central Bank of Nigeria (CBN) has refuted report that the Apex bank is behind unknown agents taking advantage of the CBN's multiple exchange rates to devastating effect.
The Analysts at Financial Derivatives Company Limited have responded to claims by Godwin Emefiele, the governor of Central Bank of Nigeria that floating exchange rate is a road to perdition.
The Central Bank of Nigeria (CBN) has injected CNY38.70 million and $289.76 million into the spot and short...
The Central Bank of Nigeria (CBN), has released a circular to all Deposit Money Banks (DMBs) on ‘Penalty for...
The Dangote Group would soon become a source for foreign exchange once its refinery and fertilizer facility begins operation, the Central Bank of Nigeria (CBN) made this known during the visit of CBN's governor, Godwin Emefiele, to the construction site.
CBN has asked Deposit Money Banks to forgo the interest charged on petrol subsidy-induced loans.
The Senate committee in charge of the Nigerian financial sector said it is concerned that the move could be counterproductive. 
CBN says all frontiers and developing markets have suffered depreciation and lost reserves.
CBN exposes reason behind Nigeria's most recent drop in foreign reserves.
The reserves, which stood at $47.79 billion as at July 5, dropped to $45.23 billion as at September 13.
equities have dominated transactions on the NSE in the last half-decade.
In exercise of the powers conferred on the Central Bank of Nigeria (CBN), by Sections 2 (d) and...