Naira Hits 363 Per Dollar As CBN Pumps $195m Into FX Market
Business
155 views
Business
155 views

Naira Hits 363 Per Dollar As CBN Pumps $195m Into FX Market

PH - October 6, 2017

Nigerian naira appreciated to 363 naira to the dollar at the parallel market as Central Bank of Nigeria, CBN, continues to mop up liquidity in the forex…

We Will Force Buhari To Seek For Second Term
Politics
128 views
Politics
128 views

We Will Force Buhari To Seek For Second Term

PH - October 5, 2017

The Buhari Campaign Organisation (BCO) has announced that its members were already working round the clock “in order to force President Muhammadu Buhari to seek re-election in…

CBN Retains Lending Rate At 14%
Business
111 views
Business
111 views

CBN Retains Lending Rate At 14%

PH - September 28, 2017

The Central Bank of Nigeria (CBN) has left the country's benchmark interest rate unchanged at 14 per cent, alongside all the other monetary policy rates for the…

How CBN Governor’s Policies Drove the Economy Out of Recession
Business
117 views
Business
117 views

How CBN Governor’s Policies Drove the Economy Out of Recession

PH - September 12, 2017

By Emeka Anaeto Amidst a number of positive developments in the global economy, the Nigerian economy improved in the first half of 2017, H1'17, compared to a…

Why Buhari’s Government Can’t Touch N2trn Recovered Loot With CBN – Senator Gaya
Politics
71 views
Politics
71 views

Why Buhari’s Government Can’t Touch N2trn Recovered Loot With CBN – Senator Gaya

PH - June 7, 2017

Senator Kabir Ibrahim Gaya (APC), Chairman of the Senate Committee on Works, has reacted to criticisms trailing the N2.5 trillion recovered from looters,and deposited in the Central…

CBN’s MPC Maintains Interest Rate At 14%
Business
72 views
Business
72 views

CBN’s MPC Maintains Interest Rate At 14%

PH - May 23, 2017

The Central Bank of Nigeria CBN's monetary policy committee (MPC) on Tuesday maintained the key rates with interest rate at record-high of 14 per cent. Godwin Emefiele,…

Business
90 views

Nigeria To Auction N110 Billion in Treasury Bill – CBN

PH - May 12, 2017

Nigeria plans to auction 110 billion naira ($350 million) of treasury bills on May 17, the central bank said on Friday. The bank plans to sell 32.43…

Business
73 views

Why CBN New Investors Rate Will Fail – Analysts

PH - May 11, 2017

Nigeria has thrown Naira open for investors but it may still struggle to attract dollars unless it scraps its system or multiple exchange rates, analysts told Nasdaq.com.…

Why We Have Multiply Exchange Rates – CBN
Business
61 views
Business
61 views

Why We Have Multiply Exchange Rates – CBN

PH - May 4, 2017

The Central Bank of Nigeria, CBN, has explained why it was necessary for the apex bank to create several exchange rates in the forex market. CBN spokesperson,…

Business
77 views

CBN: We Have Enough Forex For End Users, Bank Customers

Mabel - April 28, 2017

The Bankers Committee of the Central Bank on Thursday declared that there was adequate stock of foreign exchange to sustain the spate of dollar sales to various…

Business
81 views

Apply For CBN’s 2017 Fintech Startup Challenge

PH - April 27, 2017

Nigerian startups and entrepreneurs in Fintech with innovative and digital solutions that can revolutionalize commercial transactions and ease the operations of SME in Nigeria can now apply…

How CBN Can Scrap Multiple FX Rates in Nigeria – Charles Soludo
Business
74 views
Business
74 views

How CBN Can Scrap Multiple FX Rates in Nigeria – Charles Soludo

PH - April 25, 2017

Former Central Bank Governor, Charles Soludo has called on the apex bank to get rid of the country's multiple exchange rate markets. According to him, there are…

Buhari Nominates 5 Non-executive Directors of CBN Board
Business
68 views
Business
68 views

Buhari Nominates 5 Non-executive Directors of CBN Board

PH - April 12, 2017

President Muhammadu Buhari on Wednesday forwarded names of five nominees to the Senate for confirmation as non-executive directors of the board of the Central Bank of Nigeria.…

Why CBN Intervention May Worsen Naira Against Dollar – Prof. Ukpong
Business
77 views
Business
77 views

Why CBN Intervention May Worsen Naira Against Dollar – Prof. Ukpong

PH - April 10, 2017

The Naira will get worse if Nigeria’s External Reserves are depleted, a Professor of Financial Economics at the University of Uyo, Awka Ibom State, Leo Ukpong, has…

Naira Depreciated By 3.7% In 1-Week
Entertainment
70 views
Entertainment
70 views

Naira Depreciated By 3.7% In 1-Week

PH - April 10, 2017

Nigerian Naira depreciated by 3.7 per cent to the dollar in a week's trading as Central Bank Of Nigeria, CBN pumped and adjusted foreign exchange policy for…

Business
62 views

Central Bank of Nigeria Injects $240 Million Into Forex

Mabel - April 3, 2017

240 million has been injected  into the country’s foreign exchange by the  has been injectedinto the nation’s foreign exchange market by the Central Bank of Nigeria (CBN),…

Naira Improves As CBN Pumps $180million Into The Economy… See Latest Value
Business
70 views
Business
70 views

Naira Improves As CBN Pumps $180million Into The Economy… See Latest Value

Esther - March 21, 2017

The value of the naira has continued to improve against the dollar at the black market  as the government continues to pump foreign exchange into the economy. The…

Naira Will Appreciate Further This Week – CBN
Business
61 views
Business
61 views

Naira Will Appreciate Further This Week – CBN

Mabel - March 20, 2017

The Naira is set to appreciate further this week as the Central Bank of Nigeria (CBN) plans to inject more Foreign Exchange into the market. CBN spokesman…

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