Long-dated FX Futures to Boost FDI Experts have identified long-dated foreign exchange futures that was introduced by the Central Bank of Nigeria and the FMDQ Group...
CBN Licenses Six Companies for Milk Importation In an effort to bridge supply gap created by the recent milk policy, the Central Bank of Nigeria has...
CBN to Recycle Bad Naira Notes The Central Bank of Nigeria is presently working on a proposal to recycle bad naira notes against the current practice...
Business Confidence Surges in February Business managers and experts are projecting better business activities and growth for the month of February. In a business expectations report...
N2.44trn Currency in Circulation in 2019 The total currency in circulation grew from N2.2 trillion in the month of November to N2.44 trillion in December 2019,...
CBN Raises CRR to Curtail Inflation The Central Bank of Nigeria (CBN) led Monetary Policy Committee (MPC) on Friday raised Cash Reserve Requirement (CRR) to curtail...
Cashless Policy: CBN Moves to Deepen e-Payment With New Rule The Central Bank of Nigeria (CBN) is working on new Point of Sale (PoS) rule to...
CBN Deputy Governor: Kingsley Obiora’s Name Forwards to Senate President Muhammadu Buhari has forwarded the name of Dr. Kingsley Obiora to the Senate for confirmation as...
N20trn Stamp Duty: Senate to Probe CBN Over Non-remittance The Senate has directed its Committee on Finance to probe the Central Bank of Nigeria for not...
I&E Forex Inflow Sustains Naira- Emefiele The governor of the Central Bank of Nigeria, Godwin Emefiele, has said the over US$60 billion foreign exchange transactions performed...