CBN Boosts Naira With $4.37bn in 2020 Q3
In a bid to stabilise the naira, the Central Bank of Nigeria (CBN) injected $4.37bn into the foreign exchange market ...
Tag: CBN
CBN Says Defaults on Loans with Collateral Increased in Q4
Defaults on loans with collateral increased in the fourth quarter of 2020, according to the Central Bank of Nigeria. The ...
CBN Revokes Licenses of 7 Payment Service Providers
The Central Bank of Nigeria (CBN) has revoked the operating licences of seven payment service providers (PSP), and one switch ...
CBN To Investigate Funds Scarcity in Lagos ATMs
... Agent Bankers Enjoy Increased Patronage The Central Bank of Nigeria (CBN) has said it would investigate the scarcity of ...
CBN Targets about $2bn Monthly Remittances from Diaspora, Says Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the target of the CBN is for the ...
Ministry of Mines and Steel Development Debunks Claims of Allegedly Selling Gold in Zamfara to CBN
The Ministry of Mines and Steel Development, Thursday, debunked claims over the alleged sale of gold by the Governor of ...
CBN Launches Scheme to Provide Farmers N2bn Loan
The Central Bank of Nigeria (CBN) has launched guidelines for the regulation of the Private Sector-Led Accelerated Agriculture Development Scheme (P-AADS), in ...
#EndSARS: CBN Says 20 Frozen Accounts Linked to Terrorism
The Federal Government has said that it froze the accounts of 20 #EndSARS campaigners after telling a Federal High Court, ...
#EndSARS: CBN Freezes Accounts of 20 Protesters For 6 Months
The Federal High Court, in Abuja, has granted the Central Bank of Nigeria's request (CBN) to freeze the accounts of ...
Nigeria’s Foreign Reserves Declines by $50m
The Central Bank of Nigeria has revealed that the country's external reserves dropped by $50.84m from $35.75bn as of October ...
