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Lagos, Nigeria
Saturday, November 18, 2017
Home Tags Central Bank of Nigeria (CBN)

Tag: Central Bank of Nigeria (CBN)

Emefiele Tasks Varsities on Research

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has challenged tertiary institutions in the country to focus on research that...

Nigeria’s External Reserves to Hit $35bn

The nation’s external reserve will this month hit $35 billion, the highest in three years. The last time the nation had $35 billion external reserve...

VAIDS Collects Data of 5m Nigerians

In order to further analyse and ensure that all unpaid taxes are tracked and collected, the Value Assets and Income Declaration Scheme (VAIDS), has...

MSCI Inc Decision- A Bull run On The Outlook

A multinational market analyst and Index provider, MSCI Inc. declared it will retain Nigeria in its benchmark frontier-index and precluded Nigeria from a review...

Fidelity Bank Takes Over 9mobile Loan

In line with a Central Bank of Nigeria (CBN) request, Fidelity Bank has taken a five per cent impairment charge on a N17.3 billion...

BVN: Naira Scarcity Pushes Interbank Rate To 120%

The Nigerian overnight lending rates were quoted around 120 per cent yesterday after a court ordered a freeze on millions of bank accounts with...

CBN Pumps Fresh $195m Into Fx Market

The Central Bank of Nigeria (CBN) on Monday, injected the sum of $195million into the inter-bank Foreign Exchange Market to keep it liquid. Details of...

Naira Depreciates to N360.13 Per Dollar

The naira ​on Monday depreciated marginally to N360.13 per dollar in the Nigeria Autonomous Foreign Exchange Window (NAFEX)​, just as Central Bank of Nigeria...

Naira Depreciates to 360.75/$ at NAFEX

The Naira, yesterday, depreciated to N360.52 per dollar in the Investors and Exporters (I&E) Foreign Exchange, forex Window. Data from the Financial Market Dealers Quote,...

CBN Injects $306 Million Into Forex Market

Central Bank of Nigeria (CBN) on Friday, intervened in the inter-bank Foreign Exchange market to the tune of  $306 million following bids received from...
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