CBN

Titan Trust Bank begins payment of N5 for every dollar

Customers of Titan Trust Bank Limited, have expressed utmost excitement as the lender pays an extra N5 for every dollar…

5 years ago

KPMG report indicts NNPC, CBN, 5 others of under-remittance

A report from KPMG, forensic auditors, has indicted the the Nigerian National Petroleum Corporation (NNPC), Central Bank of Nigeria (CBN)…

5 years ago

CBN urges Nigerians to report banks hoarding forex, retains rates

As part of measures to address the illiquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has…

5 years ago

Central Bank injects $5.62 billion into Nigerian forex market in Q4 2020

The Central Bank of Nigeria (CBN) sold $5.62 billion to dealers as part of its intervention in the country’s foreign…

5 years ago

New USSD charge will stabilise Nigeria’s payment system, declares CBN

The Central Bank of Nigeria (CBN) has claimed the harmonisation of all Unstructured Supplementary Service Data (USSD) fees to a…

5 years ago

Forex inflow through CBN hits $6.97bn in three months

Foreign exchange inflow through the Central Bank of Nigeria (CBN) in the third quarter of 2020 stood at $6.97bn. The…

5 years ago

Nigeria external reserves rise, end December at $35.35bn

The country’s external reserves rose by $380m from $34.98bn as of December 24 to $35.36bn as of the end of…

5 years ago

CBN boosts market liquidity with N4.1trn special bills

The Central Bank of Nigeria (CBN), has sold N4.1 trillion worth of the instrument in the money market following the…

5 years ago

Naira maintains stability, exchanges for N474/$

The Naira exchanged to the Dollar in the parallel market at N474/$ on Thursday. The naira which recorded slight improvement…

5 years ago

NESG Board in disarray over stance on CBN’s economic interventions

Three Chief Executive Officers (CEOs) of prominent banks have resigned their membership of the Nigerian Economic Summit Group (NESG) board.…

6 years ago

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