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Speculative attacks fuel Naira depreciation

Speculative attacks fuel Naira depreciation NEWS DIGEST -The announcement of a currency- swap deal between Nigeria and China has compelled speculators to make last minute...

Nigeria expends $36.3 billion on fuel importation in 5 years –...

Nigeria expends $36.3 billion on fuel importation - CBN NEWS DIGEST - The Central Bank of Nigeria, CBN, has disclosed that the sum of $36.371billion...

CBN Headquarters on Fire

CBN Headquarters on Fire NEWS DIGEST - There was a fire outbreak at the Central Bank of Nigeria (CBN) headquarters in Central Business District in...

CBN disburse N26 billion agribusiness fund to MSMEs

CBN disburse N26 billion agribusiness fund to MSMEs NEWS DIGEST - The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee on Thursday...

CBN Governor deploys new deputy gov

CBN Governor deploys new deputy gov NEWS DIGEST - Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has assigned duties to the newly...

Expect inflation as FG is borrowing heavily to finance budget –...

Expect inflation as FG is borrowing heavily to finance budget - Ex-CBN director NEWS DIGEST - The former Director, Central Bank of Nigeria (CBN), Budgetary...

Business group seeks CBN’s support to finance companies

Business group seeks CBN’s support to finance companies NEWS DIGEST - The Finance Houses Association of Nigeria (FHAN) has beckoned on the Central Bank of...

CBN urges FG to save oil revenues for the future

CBN urges FG to save oil revenues for the future NEWS DIGEST - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)...

CBN cautions public on use of Bitcoin, other virtual currencies

As Nigerians continue to seek ways of making more money, the Central Bank of Nigeria (CBN) has cautioned against investments in crypto currency, maintaining...

Court Order: CBN, 3 other banks fail to disclose ABU account...

NEWS DIGEST - The Central Bank of Nigeria (CBN) and three other banks ordered by National Industrial Court (NIC), Abuja to disclose the balance...
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