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About 812 results for "central bank of nigeria"

New measures to defend naira

Global fall in oil prices affects Nigerian naira

Nigeria's central bank on Friday announced new measures to curb currency speculation as part of an effort to defend the naira, which has been hit hard by the collapse in global oil prices. Customers who purchase foreign currency through the ... Mail & Guardian Online, 1 day ago
New measures to defend naira IOL, 1 day ago
AFP - Nigeria-economy-bank-forex lead Namibia Press Agency, 1 day ago

177 images for central bank of nigeria

People Daily, 1 day ago
The Nation Nigeria, 2 weeks ago
Nigeria Punch, 2 weeks ago
Leadership, 1 day ago
People Daily, 1 week ago
The Nation Nigeria, 2 weeks ago
SweetCrude Reports, 2 weeks ago
The Nation Nigeria, 2 weeks ago
Nigeria Punch, 3 weeks ago
Leadership, 3 weeks ago
Ventures Africa

CBN eyes 39.5% excluded Nigerians in banking inclusion plan

Mr. Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) has promised to ensure that some 39.5% of excluded Nigerians will be encouraged to embrace formal banking services under the apex bank's financial inclusion plan. Emefiele says the bank ...
 Technology Times2 hours ago Banks prevented from holding funds in dollars  News241 day ago CBN stops banks from holding funds in dollars  Nigerian Voice1 day ago Nigerian Banks Barred From Holding Funds In Dollars  Ventures Africa2 days ago
The Nation Nigeria

New N100 Note Goes Into Circulation

THE Central Bank of Nigeria said that the commemorative N100 banknote unveiled recently by the President, Dr. Goodluck Jonathan, is going into circulation from Friday. This is contained in a statement signed by Ibrahim Mu'azu, Head, Corporate ...
 Individual.com1 day ago Nigeria: New N100 Note Goes Into Circulation  AllAfrica.com1 day ago Nigeria: Reserve Bank Governor to Release New N100 Note This Week  AllAfrica.com4 days ago Nigeria: Commemorative Banknote Gets Into Circulation Thursday  AllAfrica.com3 days ago
Business Recorder

FG sells N195.5bn in T-bills, yields rise

The Central Bank of Nigeria (CBN) on Friday raised N195.56 billion ($1.06 billion) worth of treasury bills with maturities ranging between three months and one year at higher yields this week. The bank sold N33.87 billion in 3-month treasury ...
 Business Day Nigeria1 day ago Nigeria sells 195.5bn naira in T-bills, yields rise  Business Recorder1 day ago Nigeria sells 195.5 bln naira in T-bills, yields rise  Reuters Africa1 day ago

Naira Hits Another Record Low, Trades With Dollar at N191

The naira yesterday hit another record low, trading with the dollar at N191 at the black markets even after the Central Bank of Nigeria (CBN) intervened to stamp out speculation by barring commercial banks from holding dollars. The CBN imposed ...
 Individual.com1 day ago Nigeria's Naira Weakens to Record Low as Stocks Plunge on Oil  BusinessWeek3 days ago Naira Falls Most in 2 Weeks, Stocks Down as Oil Price Drops  This Day Online2 days ago

Nigerian bank acts to halt fall of naira

Paul Wallace and Emele Onu Lagos NIGERIAN foreign-currency dealers halted trading after the central bank changed rules on how many dollars could be held at the end of the day to limit speculating against the plunging naira. Banks have to sell ...
 IOL1 day ago Nigeria Dollar Dealers Stop Trade on Central Bank Rule  BusinessWeek2 days ago

Nigeria in new bid to defend naira

Nigeria's central bank has brought in further measures to support its currency, the naira. Buyers of foreign currency must use that money within 48 hours or be forced to sell it back at the rate set by the central bank. The naira hit record lows ...
 BBC1 day ago Nigeria makes further efforts to defend currency  Daily Sun1 day ago STANDARD CHARTERED : Oil rout: Nigeria's current account surplus to shrink to 0.9% of GDP... Further naira devaluation likely  4 Traders4 days ago
Business Insider

Nigeria Brings On Capital Controls The Nigerian central bank has imposed limits on currency trading in the country in order to slow the plunge in the value of the naira. The WSJ reports that "The bank is barring dealers from depositing their currency-trading funds ...
 Business Insider1 day ago
Ventures Africa

Nigeria central bank limits interbank dollar holdings to 48 hours

LAGOS, Dec 19 (Reuters) - Nigeria's central bank decreed overnight that dollars bought from the interbank market can be held only for up to 48 hours, after which they must be sold back to the central bank at its own day rate, according to a ...
 Yahoo! Finance1 day ago Nigeria central bank intervenes to support naira - dealers  Yahoo! News South Africa2 days ago UPDATE 2-Nigeria central bank limits interbank dollar holdings to 48 hours  Reuters1 day ago Nigeria's Central Bank Limits Interbank Dollar Holdings To 48 hours  Ventures Africa1 day ago

Nigeria Investors Fear Being Able to Exit After Bank Clampdown

Foreign investors in Nigeria are concerned that measures taken by the central bank to prevent speculation against the falling naira will hinder their ability to sell investments in the country. "The reality is that if you have $100 million dollars ...
 BusinessWeek1 day ago
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