CBN Boosts Forex Liquidity, Sells Dollars To BDCs At N1,580
Central Bank of Nigeria (CBN) has increased liquidity in the foreign exchange market by selling US dollars to Bureau De ...
Tag: CBN
CBN Resumes Standing Lending Facility, Fixes 25.75% Interest On Deposits
The Central Bank of Nigeria (CBN) has lifted the suspension of the standing lending facility for banks in the country ...
Sacked CBN Staff Seek Legal Redress
Some former employees of the Central Bank of Nigeria (CBN) who were recently relieved of their jobs under the re-organisation ...
Remittances Hit All-time High In July At $553m – CBN
The Central Bank of Nigeria(CBN) has reported a significant increase in remittance inflows, reaching $553 million in July 2024, a ...
Economic Activities Drop For 13th Month In July – CBN
Economic activities in the country fell for the 13th month in July as high costs reduced new orders and employment ...
CBN Reintroduces Publication Of Key Economic Reports
The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports. CBN, in a statement on ...
Nigeria’s Currency Outside Banks High At 93.6% – CBN
Data from the Central Bank of Nigeria (CBN) has shown that more than 93 per cent of currency in circulation ...
Research Group Flays CBN’s Policy Somersault In Drive To Boost FX Liquidity
An Abuja-based economic and development research organisation, Pol Eco Analytics, has cautioned the Central Bank of Nigeria (CBN) against policy ...
JUST-IN: CBN Auctions $876m To 26 Banks, Disqualifies 6
The Central Bank of Nigeria (CBN) has successfully auctioned $876.26 million to 26 deposit money banks (DMBs) in the latest ...
CBN Guidelines: Customers Throng Banks To Reactivate Dormant Accounts
Bank customers have thronged their banks to reactivate their dormant accounts in line with the Central Bank of Nigeria (CBN) ...