Improved system liquidity to steady rates as CBN staggers mop-ups
The improved system liquidity in the past weeks is expected to continue into the new week and keep rates steady according to an
Nigeria’s central bank sees AGSMEIS funds reach N60bn in June 2018
Godwin Emefiele, Nigeria’s central bank governor said Thursday said that the fund put together by Deposit Money Banks (DMBs)
Naira steady against dollar ahead of FOMC minutes
by Lukman Otunuga The Naira held its ground against the dollar Wednesday ahead of the anticipated U.S CPI reading and
Nigeria’s foreign reserves increase, hit $47bn
Nigeria’s foreign reserves have continued to grow significantly with latest figures by the Central Bank of Nigeria (CBN) at about
Nigeria central bank retains monetary policy rate at 14%, says loosening will lead to rise in consumer prices
The Monetary Policy Committee of the Central Bank of Nigeria, Wednesday, left the monetary policy rate (MPR) unchanged at 14 percent.
Secured credit availability to households increased in Q1 2018 – CBN survey
The availability of secured credit to households increased in Q1 2018 and was expected to increase in the next quarter, according to
Nigeria’s central bank backs Crownrise Finance’s N1bn bond in debt market
Crownrise Finance Plc, a non-banking financial institution, has gotten support from the Central Bank of Nigeria over the intention
MPC outcome to provide direction as earnings fail to move market back to green
The outcome of the upcoming monetary policy meeting, the first in the year, may provide tonic for investors to move the market, which
Central bank urged to cut MPR, eradicate multiple exchange rates
Aminu Gwadabe, the President of Association of Bureau d’Change Operators of Nigeria (ABCON), has advised the CBN to reduce its
Nigeria’s foreign exchange reserves up 9% in past month -CBN
Nigeria’s foreign exchange reserves stood at $46.2 billion as of March 28, up 8.8 percent from a month earlier, central bank data