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CBN predicts stability in FX as External Reserves hit $43bn

The Central Bank of Nigeria (CBN) Thursday said it expected further stability in the foreign exchange market in 2019, banking on the decision of...

CBN lifts FX market with $279.13m, CNY46.92m as  Naira appreciates at...

The Central Bank of Nigeria (CBN) has again made interventions in the Retail Secondary Market Intervention Sales (SMIS) of the Foreign Exchange market totalling...

CBN’s intervention at I & E FX window drops by 62.5%

Stories by Kayode TokedeA group of analysts at ARM Research have disclosed that the Central Bank of Nigeria (CBN) intervention sales at the Investors...

Assets in CBN’s National Collateral Registry Hit N1.561tn

A cumulative of 154,827 micro, small and medium scale enterprises (MSMEs) have used movable assets valued at N1.561 trillion to obtain loans from financial...

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) have risen to $48 billion...

CBN debunks media report on forex scamThe Central Bank of Nigeria (CBN) has debunked a newspaper report on sleaze in the foreign exchange (forex)...

FG rakes N5.55trn from crude oil in 2018 – CBN

By Kayode TokedeThe Federal government’s total revenue from crude oil rose by 34.9 per cent to N5.55 trillion in 2018, reflecting impact of increase...

CBN releases e-Payment guidelines for salaries, pension, remittances

In a bid to make the Nigerian payment system align with international best practice and drive its cashless policy, the Central Bank of Nigeria...

CBN injects $210m into inter-bank market

In continuation of its periodic intervention in the foreign exchange market, the Central Bank of Nigeria, on Tuesday, injected another sum of $210m into...

CBN lifts FX market with injections of $289.76m, CNY 38.70m

Following its maiden Monetary Policy Committee (MPC) meeting for 2019, the Central Bank of Nigeria (CBN) has injected the sum of $289.76 million into...
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