Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said that the race to 200 billion dollars in foreign exchange repatriation (RT200) has generated over 2.9 billion dollars as at June. Emefiele said this on the sidelines…
By Seun Ibiyemi Barely two months after the the apex bank raised the interest rate to 13 per cent, again the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the benchmark interest rate to 14 per…
The Commissioner for Information and Voter Education of the Independent National Electoral Commission (INEC), Festus Okoye, has said the commission is going to have talks with the Central Bank of Nigeria to try and resolve issues concerning the storage of…
Financial Expert, Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to ensure a complete review in all the rates in Monetary Policy Rates. Unegbu gave the advice ahead of the CBN two-day Monetary Policy Committee (MPC) meeting for…
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said that the Monetary Policy Committee will chart a new course for an improved monetary policy and Central Bank of Nigeria (CBN) that will provide direction for monetary policy…
Nigeria’s manufacturing sector contracted for the second time in April, according to figures obtained from the Central Bank of Nigeria (CBN). Reports released by the CBN said, the Deputy Governor, Financial Systems Stability Directorate, CBN, Aishah Ahmad, stated that, “Continued…
…Situation reflects acute forex liquidity crisis in Nigerian economy — Muda Yusuf …CBN should open an aviation forex domiciliary account for foreign airlines By Seun Ibiyemi and Ogaga Arieimu Stakeholders in the Aviation sector have reacted to the restrictions placed…
The Central Bank of Nigeria (CBN) has issued an exposure draft for the digital financial services awareness guidelines to address gaps in consumer knowledge and practices with Digital Financial Services (DFS). This was disclosed by the CBN in a circular…
The Central Bank of Nigeria (CBN) has advised banks and other financial institutions to embrace opportunities represented in open banking to drive financial inclusion in the country. Mrs Aishah Ahmad, the Deputy Governor, Financial Systems Stability Directorate, CBN, gave the…
The Central Bank of Nigeria (CBN), has released a new framework to check cybersecurity in Other Financial Institutions (OFIs). This is contained in a statement issued by the Director, OFIs, CBN, Nkiru Asiegbu. Asiegbu said that the framework was informed…
