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Tag "Central Bank of Nigeria (CBN)"

Buhari to unveil eNaira on Monday

    Buhari to unveil eNaira on Monday

President Muhammadu Buhari will, on Monday, formally unveil the country’s first digital currency, eNaira. Osita Nwasinobi, spokesperson of the CBN, disclosed this in a statement on Saturday. The apex bank

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Emefiele: Medical tourism straining Nigeria’s foreign reserves

    Emefiele: Medical tourism straining Nigeria’s foreign reserves

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says medical tourism puts a huge strain on the country’s foreign reserves. He said this on Friday at the launch

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Up to N25m loans for graduate entrepreneurs, 75,000 jobs — CBN unveils guidelines for TIES programme

    Up to N25m loans for graduate entrepreneurs, 75,000 jobs — CBN unveils guidelines for TIES programme

The Central Bank of Nigeria (CBN) has issued guidelines for the implementation of its Tertiary Institutions Entrepreneurship Scheme (TIES) to harness the potential of graduate entrepreneurs. The apex bank made

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CBN directs banks to adopt official FX rate for intra-African transactions

    CBN directs banks to adopt official FX rate for intra-African transactions

The Central Bank of Nigeria (CBN) has directed commercial banks to adopt the exchange rate in the importer and exporter window (I&E) for cross border payments through the Pan-African Payments

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CBN seeks to bar BVN violators from banking services

  CBN seeks to bar BVN violators from banking services

The Central Bank of Nigeria (CBN) has issued a revised regulatory framework for bank verification number (BVN) operations and watchlist

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Nigeria spends $2bn on wheat importation yearly, says CBN

  Nigeria spends $2bn on wheat importation yearly, says CBN

The Central Bank of Nigeria (CBN) says the country spends $2 billion annually on the importation of wheat. Yila Yusuf,

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‘Let’s see effect on the naira’ — rep calls for closure of Nigerians’ dom accounts

  ‘Let’s see effect on the naira’ — rep calls for closure of Nigerians’ dom accounts

Ibrahim Obanikoro, a member of the house of representatives, has suggested that the Central Bank of Nigeria (CBN) close all

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Q&A: How Nigeria’s digital currency, eNaira, will work

  Q&A: How Nigeria’s digital currency, eNaira, will work

On Friday, October 1, 2021, the Central Bank of Nigeria (CBN) will launch a centralised and regulated digital currency called

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Emefiele: CBN’s COVID interventions account for 3.5% of GDP

  Emefiele: CBN’s COVID interventions account for 3.5% of GDP

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the bank’s interventions on the economy against the negative

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CBN: eNaira will boost cross-border trade

The Central Bank of Nigeria (CBN) has explained the economic implications and importance of a centralised and regulated digital currency

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