Tag: CBN

Naira gains 9.7% at parallel market

The naira appreciated on the parallel market on Tuesday. It gained 9.65 per cent against the dollar. Forex…

Only creditor banks can collect electricity tariffs, says CBN

The Central Bank of Nigeria (CBN) has directed that only banks that had issued credit facilities to particular…

CBN adjusts official exchange rate to N379 to dollar

The official exchange rate of Naira to dollar has been adjusted to N379 by the Central Bank of…

CBN’s adjustment of Naira rate’ll cause inflation, says NECA

The Nigeria Employers’ Consultative Association (NECA) has said the Central Bank of Nigeria’s adjustment of naira exchange rate…

Fire guts CBN branch in Gombe

Fire on Friday engulfed a section of the Central Bank of Nigeria, CBN, Gombe branch destroying the office…

SERAP sues FG, CBN over beneficiaries of COVID-19 palliatives

Socio-Economic Rights and Accountability Project (SERAP) has filed a case at the Federal High Court, Abuja to order…

CBN reduces MPR to 12.5%

The Monetary Policy Committee (MPC) of Central Bank of Nigeria on Thursday reduced monetary policy rate (MPR), or…

CBN, NNPC to take care of accommodation and feeding of returnees, FG announces

The Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Corporation (NNPC) will be responsible for the…

CBN to fund research on Nigerian Coronavirus vaccine

Godwin Emefiele, the Governor of the Central Bank of Nigeria has revealed that the apex bank will be funding…

Prophet Odumeje: Activists tell CBN what to do

The Central Bank of Nigeria governor, Godwin Emefiele, has been urged by Human Rights Writers Association of Nigeria…

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CBN lifts suspension on cheque clearing

The Central Bank of Nigeria (CBN) has lifted suspension placed on cheque instruments in the Nigerian clearing system.…

Fire disaster averted in CBN, Jos branch

There was fire outbreak alarm at the Jos branch of Central Bank of Nigeria. The Apex bank said…