CBN
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CBN, NIPOST to Kick Off Microfinance Banking In Seven Locations
The Central Bank of Nigeria and the Nigerian Postal Service are set to kick off the establishment of…
Transactions on CBN’s I&E Window Hits $48bn
The cumulative transactions on the Investors and Exporters’ (I&E) foreign exchange window of the Central Bank of Nigeria’s…
CBN Governor Godwin Emefiele: A Plan Ahead?
A plan unfolded by its Governor, Godwin Emefiele, to set up a “national” microfinance bank “to enhance financial…
CBN spent N2.36TR to MOP up N18.7TR
The Central Bank of Nigeria, CBN, is estimated to have spent about N2.36 trillion to mop up N18.7…
CBN To Sustain Aggressive Liquidity Mop-Up As DMO Auctions N60bn Bonds
The Central Bank of Nigeria (CBN) is expected to sustain its aggressive liquidity mop up this week in…
Breaking: CBN revokes Skye Bank’s licence
The Central Bank of Nigeria has revoked Skye Bank’s operating licenceThe Central Bank of Nigeria has revoked Skye…
eTranzact Deepens Financial Inclusion Through CBN-Funded SANEF Initiative
eTranzact, Africa’s premier e-payments solution provider, is set to deepen financial inclusion by expanding its PocketMoni service with…
Nigeria’s Unbanked Population Stands At 37% – CBN
Barely two years to the 2020 target to reduce unbanked Nigerians to 20 per cent, the Central Bank…
CBN Issues Guidelines For $2.5bn Currency Swap with China
The Central Bank of Nigeria (CBN) said it will exchange N720 billion for 15 billion Chinese Renminbi (RMB)…
CBN Injects $210m Into Inter-Bank Forex Sector
In another round of intervention, the Central Bank of Nigeria (CBN) on Tuesday, May 15, 2018, injected the…
CBN Injects Fresh $210m into Forex Market
In continuation of its intervention in the interbank segment of the foreign exchange (forex) market, the Central Bank…
CBN Governor Deploys New DGs
The Governor of the Central Bank of Nigeria Godwin Emefiele has assigned duties to the newly appointed Deputy…
CBN Introduces Two New Non-interest Banking Instruments
In a bid to aid liquidity management and deepen the financial system, the Central Bank of Nigeria (CBN)…
CBN: FinTechs Won’t Usurp Banks’ Traditional Roles
The Central Bank of Nigeria (CBN) has assured that Financial Technology (FinTech) companies will not take over the…
CBN Returns N51.9bn Illegal Deductions
The Central Bank of Nigeria has said that it has recovered over N51.9bn illegally deducted by commercial banks…
CBN Boosts Forex Supply with $195m
In continuation of its foreign exchange (Forex) supply drive, Central Bank of Nigeria (CBN), on Monday, intervened in…
