Smarting from the recent fairly favourable oil prices at the international market and monetary policy proactive measures, Nigeria has overtaken South Africa in net foreign reserves, with the country’s reserves peaking at $47.37 billion as against South Africa’s about $43.12 billion currently. The accretion in Nigeria’s foreign reserves is attributed to the sundry proactive monetary […]
Nigeria’s Minister of Finance, Mrs. Kemi Adeosun and the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, today re-affirmed their projections for the country’s growth outlook in the current fiscal year. The duo, in a joint media briefings at the end of the 2018 International Monetary Fund/World Bank (IMF/World Bank) Spring Meeting in […]
The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee yesterday started the disbursement of N26 billion Agribusiness Small and Medium Enterprises Investment Scheme (AGSMEIS) fund to the first set of beneficiaries. The Governor of the apex bank, Mr. Godwin Emefiele, who flagged off the inauguration of the scheme in Abuja, said that […]
The Central Bank of Nigeria, CBN, on Friday again intervened in the Retail Secondary Market Intervention Sales, SMIS, with $325.64 million injected into the segment of the forex market.
The Central Bank of Nigeria (CBN) yesterday pegged the buying rate of dollars for invisibles in banks at N360 to the dollar and also removed all forms of charges and commissions on such transactions.
In its first Retail Secondary Market Intervention Sales (SMIS) for the year, the Central Bank of Nigeria (CBN) , intervened in the inter-bank Foreign Exchange Market with the total sum of $262,500,000.
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Monday disclosed that the nation’s external reserves have risen to a new level of $40.4 billion.
The Central Bank of Nigeria has released the calendar for Treasury Bills issuance for the first quarter of next year with the total value amounting to N1.27 trillion.
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has urged youths in the …