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Tag "cbn"

CBN holds interest rate to avoid exchange rate pressure

    CBN holds interest rate to avoid exchange rate pressure

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate at 14 percent. The apex bank also left the cash reserve ratio

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We’re ready to help Nigeria achieve financial inclusion, says Netherlands queen

    We’re ready to help Nigeria achieve financial inclusion, says Netherlands queen

Queen Máxima of the Netherlands says her country is ready to help Nigeria combat challenges in its way of achieving financial inclusion. Maxima, who is the UN secretary-general’s advocate for

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External reserves ‘surge to $34b’

    External reserves ‘surge to $34b’

Joseph Nnanna, deputy governor, financial system stability, Central Bank of Nigeria (CBN), says external reserves have hit $34 billion from $33.6 billion. Nanna said the figure has been rising quickly,

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‘We’re ready for business’ — Emefiele woos foreign investors

    ‘We’re ready for business’ — Emefiele woos foreign investors

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has urged investors to come to Nigeria. Speaking to money market players at the London Stock Exchange, Emefiele said the

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The Emefiele CBN: Is it harvest time yet?

  The Emefiele CBN: Is it harvest time yet?

Anytime the Governor of Central Bank of Nigeria (CBN) retained benchmark interest rate at 14 per cent, and he has

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Nigerian banks have been investing heavily in T-bills, says Fitch

  Nigerian banks have been investing heavily in T-bills, says Fitch

Global credit rating agency, Fitch, says Nigerian banks averaged a 7.5% margin on treasury bill (T-bills) yields in the first

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Inflation rate will drop to single digit by 2018, says Emefiele

  Inflation rate will drop to single digit by 2018, says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says inflation rates are projected to drop and record high

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CBN sustains naira with $195m forex intervention

  CBN sustains naira with $195m forex intervention

The Central Bank of Nigeria (CBN) on Monday boosted the inter-bank foreign exchange market with an additional $195m, even as

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NFF/CBN football tournament to kick off Saturday

  NFF/CBN football tournament to kick off Saturday

The 2017 edition of the NFF/CBN All-Financial Institutions football competition will kick off on Saturday and end on October 28.

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CBN injects $195m into forex market as naira maintains stability

  CBN injects $195m into forex market as naira maintains stability

The Central Bank of Nigeria (CBN) has injected $195 million into the inter-bank of the foreign exchange (forex) market. This

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