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CBN injects $186m as forex reserves beat $30bn

    CBN injects $186m as forex reserves beat $30bn

Following Tuesday’s assurances by Godwin Emefiele, the CBN says it will continue to intervene in the foreign exchange market, as it injected $185.86 million into the retail Secondary Market Intervention

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Collateral is the ‘missing link’ between SMEs and banks

    Collateral is the ‘missing link’ between SMEs and banks

A study on financial literacy in Nigeria has identified collateral as the missing link between small-scale business and the financial institutions. The outcome of a survey conducted by the Central

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78,500 Kebbi farmers repay N1bn CBN loan

    78,500 Kebbi farmers repay N1bn CBN loan

The Kebbi state government says it has recovered close to N1 billion of the Central Bank of Nigeria (CBN) Anchor Borrowers’ Programme loan from 78,500 farmers. Samaila Yombe, the state

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CBN pumps $150m…but dealers could only buy $96m due to ‘fall in dollar demand’

    CBN pumps $150m…but dealers could only buy $96m due to ‘fall in dollar demand’

The Central Bank of Nigeria (CBN) pumped $150 million into the foreign exchange market, via the interbank window, but dealers could only pick up $96.37 million due to fall in dollar

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We should be out of recession by third quarter, says Emefiele

  We should be out of recession by third quarter, says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the country should be out of recession by the

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Soludo: Nigeria must get out of multiple exchange rates

  Soludo: Nigeria must get out of multiple exchange rates

Chukwuma Soludo, former governor of the Central Bank of Nigeria (CBN), says Nigeria must take steps to eliminate the current

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Lawmaker seeks to set up commission for uniting monetary, fiscal authorities

  Lawmaker seeks to set up commission for uniting monetary, fiscal authorities

Jones Onyereri, chairman of the house of representative committee on banking and currency, says the legislature is pushing for an

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CBN opens yet another forex window — for software developers, exporters

  CBN opens yet another forex window — for software developers, exporters

Two weeks after opening a special foreign exchange window for small and medium enterprises (SMEs), the Central Bank of Nigeria

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‘We can’t kill our people’ — CBN resists call by ‘Washington Consensus’ to float the naira

  ‘We can’t kill our people’ — CBN resists call by ‘Washington Consensus’ to float the naira

The Central Bank of Nigeria (CBN) has resisted calls from financial institutions in Washington to float the naira, saying it

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CBN pumps fresh $100m into FX market as naira gains momentum

  CBN pumps fresh $100m into FX market as naira gains momentum

The Central Bank of Nigeria (CBN) has pumped a total $380million within two days into the foreign exchange market in

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