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CBN to Sell N1.024 Trillion Treasury Bills in Q4

The Central Bank of Nigeria (CBN) is to auction treasury bills worth N1.024 trillion in the fourth quarter of this year.The central bank stated...

CBN injects $303m, CNY 46.58m into forex market

The Central Bank of Nigeria, on Friday, injected the sum $303.91m into the interbank retail Secondary Market Intervention Sales segment of the foreign exchange...

CBN deducts N5.4bn from Standard Chartered, Citi Bank, Stanbic IBTC Shareholders...

By Kayode TokedeThe Central Bank of Nigeria (CBN) has deducted N5.4 billion from  Citi Bank, Standard Chartered and Stanbic IBTC after it fined the...

MPC Member Warns of Excess Banking Sector Liquidity

A member of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), Dr. Mahmoud Isa-Dutse, has warned that the Nigerian banking system continues...

CBN boosts foreign exchange market with $210m

The Central Bank of Nigeria says it has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet customer’s request in various...

CBN to disburse N220bn to Enterprises Development Fund

The Central Bank of Nigeria (CBN) said it had set aside N220 billion to be disbursed as loans to cooperative organisations under Micro Small...

MTN’s shares drop 23% after CBN’s $8.1bn sanction

The shares of the MTN Group dropped as much as 23 per cent to a nine-year low, yesterday, a day after the Central Bank...

CBN uplifts Forex Market with $210m

The Central Bank of Nigeria (CBN), has injected another sum of $210 million into the inter-bank Foreign Exchange Market, in its desire to ensure...

Credit to private sector dropped to N22.26trn in July – CBN

Stories by Kayode TokedeThe Central Bank of Nigeria (CBN) has disclosed that credit to private sector dropperd to N22.26 trillion in July as against...

CBN pumps fresh $543m, CNY 63m into forex market

The Central Bank of Nigeria (CBN) yesterday disclosed that in the past two days, it injected a total sum of $543.22 million and CNY...
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