The Central Bank of Nigeria on Wednesday injected $185.86 million into the retail Secondary Market Intervention Sales (SMIS).
President Muhammadu Buhari has written to the National Assembly for the approval of a loan request of $6.9b for infrastructural development.
Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, has expressed optimism that the country will be out of recession by the end of the second quarter of the year.
Former Governor of the Central Bank of Nigeria, Prof. Chukwuma Soludo, on Monday called on the Central Bank of Nigeria,CBN to eliminate the multiple exchange rates regime and reduce the wide spread between the official and parallel market exchange rates.
The Central Bank of Nigeria has directed commercial banks to pay a minimum of 30 per cent per annum to all savings account holders effective from May 1, 2017.
The Central Bank of Nigeria (CBN) has extended the Bank Verification Number (BVN) exercise to microfinance banks.
In a bid to grow the power sector, the World Bank has promised to provide financial support.
Minister of Finance, Kemi Adeosun has said at the 2017 Spring meeting of the IMF/World Bank in Washington DC, USA, that monies being recovered under the President Muhammadu Buhari administration won’t be re-looted.
The Central Bank of Nigeria (CBN) has announced another Forex widow for investors and exporters tagged ‘Investors’ & Exporters’ FX Window’.