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About 808 results for "central bank of nigeria"

Nigeria MPC Members Slam Central Bank's Policies on the Naira

Nigeria MPC Members Slam Central Bank's Policies on the Naira

Two members of Nigeria's Monetary Policy Committee criticized the central bank's attempts to prop up the naira by restricting access to dollars, while others said the regulator should allow a more flexible exchange rate. Chibuike Uche questioned ... Bloomberg, 4 days ago

Angola Central Bank Raises Benchmark Interest Rate to 10.5%

Angola's central bank raised its benchmark interest rate for a third consecutive month to bolster the currency amid an economic crisis triggered by falling oil prices. The policy rate was increased to 10.5 percent from 10.25 percent, Banco ...
 Bloomberg3 days ago Black market booms despite suspension of forex  Daily Newswatch3 days ago Naira regains its strength, now 208 to dollar  Newsafrica247.com1 week ago
The Guardian Nigeria

Is The Naira Over-valued?

currencies Foreign investors are expecting the Central Bank of Nigeria (CBN) to devalue the naira saying the currency is overvalued. Tokunbo Ajibola, head of research Associated Managers, told CNBC Africa that the naira had been devalued twice in ...
 The Guardian Nigeria4 days ago Naira devaluation: Why CBN must not bow to pressure  PM News Nigeria2 weeks ago
The Guardian Nigeria

Obi urges CBN to rethink monetary policies

Godwin Emefiele, CBN Governor FORMER governor of Anambra State, Peter Obi, has called on the Central Bank (CBN) to reconsider some of its recent monetary policies, especially those which adverse effects outweigh their positive impacts. Obi, who ...
 The Guardian Nigeria1 week ago Ex Gov. Obi urges CBN to review some monetary policies Obi  The Guardian Nigeria1 week ago Reconsider domiciliary account policy, Peter Obi advises CBN  News Express Nigeria1 week ago Gov. Ambode leads dignitaries to honour ex-CBN Spokesman Ugochukwu Okoroafor at 60th Birthday & Retirement Thanksgiving Service  News Express Nigeria1 week ago

Cash crunch: CBN intervenes with N212bn

A bail out liquidity management by the Central Bank of Nigeria, CBN, may ensue in the banking system if liquidity situation fails to improve significantly this week, as the money market situation toughened last week. The post appeared first on ...
 NigerianHerald.com1 day ago CBN Approves Merchant Banks for Capital Market, Asset Management  BizWatchNigeria5 days ago CBN to review bank charges, as official-parallel forex rates remain wide  The Guardian Nigeria1 week ago All eyes on the CBN as it wages the FX war  Daily Times Nigeria1 week ago
This Day Online

CBN, Court Approve Merger of Heritage and Enterprise Banks

Godwin Emefiele, CBN governor Davidson Iriekpen۬ The Central Bank of Nigeria (CBN) has granted final approval for the merger of Heritage Bank and Enterprise Bank. The approval came as the Federal High Court wednesday sanctioned the scheme of ...
 This Day Online5 days ago After Restructuring, Heritage Bank Ups its Ante  This Day Online2 days ago CBN, Court approve Heritage, Enterprise banks merger  News-me.com5 days ago Heritage Bank leverages on acquisition, expands network  The Guardian Nigeria5 days ago
The Guardian Nigeria

Dollar scarcity forces MTN to delay $500 million debt repayment in Nigeria

RIPPLES of the Central Bank of Nigeria's (CBN) policies around dollar issuance amidst other monetary policies seem to have started reverberating, as MTN Group claims it cannot get foreign exchange to pay its debt in Nigeria. A report on ...
 The Guardian Nigeria1 week ago MTN blames dollar scarcity for inability to repay $500m debt  Daily Times Nigeria1 week ago MTN is Finding it Difficult to Repay its Loans to Nigerian Banks over Dollar Shortage  BizWatchNigeria1 week ago

Central Bank injects N338 billion into 27 states to stimulate economy

In line with the federal government's resolve to reflate economic activities in the country the Central Bank of Nigeria CBN will this week continue the disbursement of its special intervention fund totalling N338 billion to 27 states in the country ...
 Uncova1 day ago CBN injects N338bn in 27 states to stimulate economy  Newsafrica247.com1 day ago Bailout: CBN Injects N338b Into 27 States As Stimulus  Nigerian Voice1 day ago Bailout: CBN injects N338bn in 27 states to stimulate economy  CitizenNG.com1 day ago
This Day Online

Should Nigeria Join the Currency War?

Central Bank of Nigeria corporate head office With a significant drop in Nigeria's revenue and her heavy dependence on imports, Obinna Chima believes that another currency adjustment will have a negative impact on the economy As the wave of ...
 This Day Online6 days ago Why Nigerian Universities Are Ranked Low  Leadership3 days ago Is S.Africa in a recession, Nigeria in a slowdown?  CNBC Africa5 days ago Removing Subsidy Now Would Increase Sufferings Of Nigerians Comrade Wabba  Nigeria Daily Independent1 day ago

Pressure Building on Nigeria as Naira Out of Step With Oil Peers

Nigerian central bank Governor Godwin Emefiele is losing the battle to prevent the naira from going the way of other oil-dependent currencies. After imposing trading restrictions in February to prevent dollars from fleeing the economy, importers ...
 Bloomberg2 weeks ago Naira devaluation likely by end of year  BDlive1 week ago
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