Central Bank of Nigeria

Citing economic benefits, Buhari backs CBN’s naira redesign plan

    BY CHUKS OLUIGBO   The raging opposition to the Central Bank of Nigeria’s plan to redesign and replace N200,…

By businessamlive
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CBN licences Premium Trust Bank raising number of banks in Nigeria

CHARLES ABUEDE The number of banks operating in Nigeria has again risen with commencement of operation by Premium Trust Bank…

CBN taps Angbazo, GE’s Nigeria chief, as pioneer CEO of InfraCorp

BY Phillip Isakpa In what would be interpreted globally as a big steal, the Central Bank of Nigeria, the prime…

BDCs wage operational war against forex speculators, black market dealers distorting the naira to global currency exchange rates

· Association says no speculator or street hawker will be allowed to perpetuate illegal exchange rate practices Charles Abuede Following…

Covid-19 pressure holds Nigeria remittance inflows by jugular

Remittances remain significantly below 10-year historical average of $5.3bn  Experts anticipate CBN sustains policy stance in 2021 to attract portfolio…

CBN to resume dollar sale to BDCs on international flight restart

BY: Moses olajuwon Obajemu The Central Bank of Nigeria (CBN) will resume the sale of foreign exchange (dollar) to bureau…

Reps unhappy as CBN fails to account for $11bn power funds disbursement

BY: Moses olajuwon Obajemu   The Central Bank of Nigeria could not give full details of the withdrawal of the sum…

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