CBN boosts foreign exchange market with $210m

CBN boosts foreign exchange market with $210m

The Central Bank of Nigeria (CBN) has boosted the inter-bank foreign exchange market with $210 million  to meet customers’ requests in various segments of the market. The Bank’s acting Director, Corporate Communications, Mr Isaac Okorafor, in a statement on Monday...
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CBN explains inability to hold MPC meeting for January

CBN explains inability to hold MPC meeting for January

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has allayed the fears of Nigerians and the international community over the inability to hold the meeting of the Monetary Policy Committee (MPC) for January. A statement signed by Emefiele...
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CBN unveils agenda to push tomato, cocoa, palm oil production in 2018

CBN unveils agenda to push tomato, cocoa, palm oil production in 2018

The Central Bank of Nigeria (CBN) says it will aggressively push and support farmers to boost the production of tomato, cocoa and palm oil across the country in 2018.  The CBN Governor, Mr Godwin Emefiele, disclosed this when he visited...
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CBN injects $210m into foriegn exchange market

CBN injects $210m into foriegn exchange market

The Central Bank of Nigeria (CBN) has injected another 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments.  Giving a breakdown of the intervention, the bank’s acting Director, Corporate Communic...
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CBN injects $210m into currency market

CBN injects $210m into currency market

The Central Bank of Nigeria (CBN)  said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.  In a statement, the bank said it had released 100...
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FG to investigate Nigerian users of offshore tax havens

FG to investigate Nigerian users of offshore tax havens

The Federal Government is to investigate high net-worth individuals and companies who frequently used offshore tax havens, the Minister of Finance, Mrs Kemi Adeosun, has said.    Speaking during an interactive session with Journalists on Tuesday in Abuja, th...
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Emefiele at London Stock Exchange, explains highest ROI in Nigeria

Emefiele at London Stock Exchange, explains highest ROI in Nigeria

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has urged investors to come over to Nigeria, declaring that the nation’s Return on Investment (ROI) in all sectors of the economy are among the best in the world. Addressing...
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CBN targets single digit inflation

CBN targets single digit inflation

Nigeria “will get back” to single digit inflation, the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has declared.    In an interview with Arise Television, Emefiele explained that with the improvement seen in growth from the negative 1.7...
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Photo News

Photo News

Director General of Bureau of Public Enterprises (BPE) , Mr. Alex A. Okoh (left)  during  a courtesy visit to the Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, on Tuesday.
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CBN enhances Naira with $482.6m

CBN enhances Naira with $482.6m

 As part of ongoing efforts, the Central Bank of Nigeria (CBN) on Tuesday intervened in the inter-bank market to the tune of $482.6 million.   A statement issued by its Acting Director, Corporate Communications, Isaac Okorafor, in Abuja explained that...
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CBN retains interest rate at 14 %, injects $186.5m for invisible, SMEs

CBN retains interest rate at 14 %, injects $186.5m for invisible, SMEs

THE Central Bank of Nigeria (CBN) on Tuesday kept its Monetary Policy Rate (MPR), its base interest rate, at 14 per cent. Speaking at an interactive session with Journalists after the Monetary Policy Committee (MPC) meeting in Abuja, CBN Governor,...
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