The country’s total export earnings fell by 14.9 per cent to $13.39bn in April due to decline in crude oil prices. The Central Bank of Nigeria...
The Central Bank of Nigeria (CBN) disbursed lower denomination banknotes worth N237.14 billion to microfinance banks (mfbs), merchants, shopping malls, market associations among others in 2019,...
CBN could not but adjust the exchange rate in view of exigencies In many ways, the latest adjustment by the Central Bank of Nigeria (CBN), of...
The Central Bank of Nigeria (CBN) has committed a sum of N435 million to capacity building in Nigerian universities as part of its involvement in community...
The general public and deposit money banks (DMBs) in Nigeria have in their custodies a total sum of N2.39 trillion that constituted currency-in-circulation (CIC) in the...
…as apex bank rolls out modalities The Central Bank of Nigeria (CBN) has approved N50 billion intervention fund for the revamping of Nigerian textile industry....
The Central Bank of Nigeria (CBN) is to establish an Infrastructure Development Company, its governor, Godwin Emefiele, disclosed on Monday in Abuja. Mr Emefiele, who spoke...
Majority of Nigerian believe that further increase in prices of commodities and services in Nigeria will lead to the economy growing weaker This is the result...
Importation of maize into Nigeria is now an abomination as the Central Bank of Nigeria (CBN) just added the staple to the list items banned from...
Energy firms in the country owe Nigerian banks a total of N5.59 trillion, the sectoral analysis of banks’ credits by the Central Bank of Nigeria (CBN)...
