CBN

The Central Bank of Nigeria has injected 210 million dollars into the various segments of the market to sustain its intervention in the Inter-Bank Foreign Exchange Market.

The National Electoral Commission in Lagos State on Sunday said it had retrieved all sensitive materials for the rescheduled Presidential and National Assembly elections earlier distributed to the 20 Local Government Areas of the state.

The Independent National Electoral Commission in Kwara on Saturday returned sensitive materials to the Central Bank of Nigeria, Ilorin.

The Central Bank of Nigeria has again made interventions in the Retail Secondary Market Intervention Sales of the Foreign Exchange market totaling $279.13 million and CNY 46.92.

The Central Bank of Nigeria has been alerted on the frontpage headline story in the BusinessDay newspaper on Monday, February 4, 2019 titled: “Exposed The Sleazy Face of N306/$, inside Nigeria’s racket where faceless agents pocket over…

Stanbic IBTC, member of the Standard Bank Group which has been in operation for over 155 years, is celebrating 30 years of providing quality financial services to its clients.

The Naira on Thursday traded flat at N360.5 to the dollar at the parallel market in Lagos, the News Agency of Nigeria reports.

The Central Bank of Nigeria has issued a directive for the commencement of the end-to-end electronic payment of salaries, pensions, suppliers and taxes in the country.

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

Gombe Commodity and Exchange Depot will on Tuesday in Gombe present a cheque of N1.5 billion as part of the farmers repayment loan to the CBN Anchor Borrowers’ Programme.

The Central Bank of Nigeria has donated academic books to the Nigerian Army for distribution to its institutions across the country.

An economist, Prof. Pat Utomi, has said the likely retention of the Monetary Policy Rates for a while at 14 per cent was reasonable due to non-availability of pressure on the economy.

The Naira on Wednesday exchanged at N362.58 to the dollar at the investors window as investors traded a total of 334.34 million dollars at the close of business.

Financial experts on Wednesday described as futuristic and pragmatic the decision of the Central Bank of Nigeria to retain the lending rate at 14 per cent alongside other monetary policy parameters.

The Governor, Central Bank of Nigeria, Godwin Emefiele, on Tuesday said the bank’s policy to restrict importers of some 42 items from accessing foreign exchange was the right call of action.

The CBN Governor, Godwin Emefiele, said this on Sunday during an inspection of Dangote Refinery in Lagos.

The Central Bank of Nigeria said any failed instant payment transaction not reversed into the customer’s account within 24 hours after complaint by the sender or beneficiary should be reported to CBN.

The Naira on Friday lost marginally to the dollar at the investors window, exchanging at N362.79.

The Central Bank of Nigeria on Thursday unveiled the National Financial Inclusion Strategy designed to ensure that at least 80 per cent of Nigerians have access to banking and other financial services.

The Rice Farmers Association of Nigeria said the Central Bank of Nigeria has approved compensation for over 550,000 rice farmers affected by the 2018 flood disaster.