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Tag: Central Bank of Nigeria (CBN)

CBN Pumps $18.1bn into FX Market in 13 Months

• Mulls regulatory framework for fintechs By Obinna Chima The Central Bank of Nigeria (CBN) has injected a total of $18.067 billion into the interbank segment of...

External Reserves Hit Five-year High of $46bn, Inch Up to $50bn

 • NDIC to investigate banks over 38.5% rise in industry fraud By Obinna Chima     Following the success of the $2.5 billion Eurobond issue by the federal...

CBN Asks Court Not to Slam First Bank With N122bn Judgment...

 • FBN: We are law abiding with the capacity to meet our obligations By Davidson Iriekpen     The Central Bank of Nigeria (CBN) has asked a Federal...

Emefiele: CBN Has Disbursed N55bn to 250,000 Farmers Under Anchor Borrowers’...

Intervenes in Forex Market with Fresh $321.4m By Obinna Chima The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, yesterday put the total...

Emefiele Wins Forbes Award, Says Nigeria Good for Investment

By Kunle Aderinokun, Chika Amanze-Nwachuku, Obinna Chima and Nume Ekeghe, in Washington DC  The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has urged...

Again, Nigeria’s Manufacturing Index Expands in June

 • CBN mulls measures for banks’ balance sheet repair to spur lending By Obinna Chima   The Manufacturing Purchasing Managers’ Index (PMI) increased to 52.9 index...

N542bn Debt: Shareholders of Banks Advise against Write Off

By Goddy Egene Some shareholders of  banks involved in the N541.8 billion  debt owed by Etisalat Nigeria  have advised against writing off the loan, saying that writing off the loan will...

Emefiele Highlights Benefits of Movable Assets, Credit Reporting Acts  

Insists Nigerian lenders are safe  Parallel market operators taking over our business, BDCs lament By Chika Amanze-Nwachuku and Obinna Chima Central Bank of Nigeria (CBN)...

Stock Market Surges 12% in Three Weeks on Rising Investor Confidence...

Nigeria’s monthly FX inflow dropped to $2.61bn in January  BY Goddy Egene and Obinna Chima  From being the worst performing market among its emerging market...