Nigerians Cut Down Investment On Bitcoin
With more calls for regulations by governments on cryptocurrencies across the globe rising and the value of Bitcoin still hovering ...
Tag: Central Bank of Nigeria (CBN)
Nigeria’s External Reserves Rise By $3.2bn
Nigeria’s External Reserves are steadily heading towards the $50 billion mark, berthing at $46 billion as at the close of ...
Liquidity Sustains As Forex Inflow Drops
Liquidity at the Nigerian money market continued to remain robust despite a mop up of N460.64 billion from the market ...
CBN, Markets And Lower Naira Denominations
The decision of the Central Bank of Nigeria (CBN) to end the persistent scarcity of the lower denomination banknotes in ...
Foreign Reserves Rise By 4% In February To $42.4bn
The 30-day moving average of Nigeria’s foreign external reserves in the month of February accrued by $159.8 million or 3.9 ...
Stock Market Investors Lose N346bn In 1 Month
The Nigerian equities market closed on a negative note in the month of February as investors’ investment declined by N346 ...
Ending Spate Of Mutilated Naira Notes
As the Central Bank of Nigeria (CBN) strives to redress the issue of mutilated naira notes in circulation, MARK ITSIBOR ...
Anchor Borrowers Programme Creates 3.5m Jobs In 2-years
Two years since its commencement, the Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria (CBN) has generated almost ...
Banks Return N55bn Illegal Charges To Customers
The Central Bank of Nigeria (CBN) hinted yesterday that over N55 billion has been refunded to customers overcharged by commercial ...
Liquidity Rises As CBN Slows On Mop Up
Liquidity at the money market fared better last week as overnight lending rates trended around single digit with a system ...
Banks Must Settle Customers’ Complaints Within 2 Weeks – CBN
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to settle customers’ complaints on issues of ...
5 Banks May Not Declare Dividends In 2017 – Analysts
Following the Central Bank of Nigeria (CBN) amended rules on internal capital generation and dividend payout ratio, capital market analysts ...
Banks’ Borrowing From CBN Drops To N260bn
Banks’ borrowing from the Central Bank of Nigeria (CBN) dropped to N260.12 billion last week as liquidity improved on the ...
Nigeria’s External Reserves Rise By 1.1% In 6 Days
The 30-day moving average of Nigeria’s foreign external reserves last week accrued by $442.8 million or 1.07 per cent rising ...
Forex Market Gets CBN’s $210m Boost
The inter-bank Foreign Exchange Market has received the sum of $210million from the Central Bank of Nigeria (CBN), to meet ...
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