CBN

CBN Director, Corporate Communications, Isaac Okorafor, said the sale in the Chinese Yuan was done through a combination of Spot and Short-tenored Forwards.

Heavy security presence was also noticed at the entrance of Central Bank of Nigeria, a few kilometres away from INEC office on Thursday.

Investors at the Import and Export on Wednesday pulled $491.37 million at the window end of trading.

The Central Bank of Nigeria has sustained its intervention in the Inter-Bank Foreign Exchange Market by injecting 210 million dollars into the various segments of the market.

The Naira on Tuesday appreciated to N363.07 against the dollar at the investors’ window, stronger than N363.11 posted on Monday.

The panel Chairman, Okoi Obono-Obla, said in Abuja on Friday that the banks had yet to refund the money over a decade after.

An official of CBN, who pleaded anonymity while confirming this to the News Agency of Nigeria in Lagos, said he could not immediately give details,  but the apex bank would issue a statement on the matter later.

Dudafa made the statement before a Federal High Court, Lagos, during his examination-in-chief.

At trading on the Johannesburg Stock Exchange, MTN shares were down 21.4 per cent at 84.35 rand, after touching 83 rand, a level last seen in 2009.

The Pound Sterling and the Euro closed at N464 and N414, respectively.

Victor Korede, the Chairman, Rice Farmers Association of Nigeria, Oyo State chapter, did the distribution in Ibadan.

Farmers across the country have applauded the nine per cent interest rate credit policy of the Central Bank of Nigeria to the agriculture sector, saying it will help boost production if adequately implemented.

The Chairperson, Board of Trustees of the foundation, Adedoyin Ibikunle, made this known during the verification of beneficiaries at the Central Bank of Nigeria office in Lokoja on Friday.

A presidential aspirant, Prof. Kingsley Moghalu, has called on all Nigerians to be involved in politics in order to effect the desired change in the country.

At the Bureau de Change window, the naira was sold at N360 to the dollar, while the Pound Sterling and the Euro closed at N478 and N415, respectively.

The Pound Sterling and the Euro traded at N484 and N414.

Heritage Bank Plc, ­­­­­­­­Nigeria’s Most Innovative Banking Service provider, has successfully attained recertification of the Payment Card Industry Data Security Standard version 3.2, having achieved the International Organisation for…

The Nigerian currency exchanged at N358.3, weaker than N358 traded on Friday, while the Pound Sterling and the Euro closed at N480 and N420.

The Manufacturers Association of Nigeria, MAN, has urged the Central Bank of Nigeria, CBN, to reduce its Monetary Policy Rate from 14 per to boost lending to the real sector.

The Kwara State Governor, Alhaji Abdulfatah Ahmed, on Monday flagged-off the Central Bank of Nigeria Anchor Borrowers' Programme in the State.