Central Bank of Nigeria

CBN directs banks to open forex outlets in major airports

To ease the burden of travellers, the Central Bank of Nigeria (CBN) has directed all…

CBN unveils modified forex policy

Ayorinde Oluokun/Abuja The Central Bank of Nigeria has announced new policy actions in the foreign…

CBN directs banks to file forex returns in dollars

The Central Bank of Nigeria (CBN) has directed banks to file their returns on the…

NEC urges CBN to review Forex policy

The National Economic Council (NEC) on Thursday urged the Central Bank of Nigeria (CBN) to…

Fake naira in circulation less than 1%, says CBN

The Central Bank of Nigeria (CBN) says the amount of counterfeit naira in circulation is…

Nigerian banks to fund agric-business, exports with 5% profit

The Bankers Committee of the Central Bank of Nigeria have agreed to set aside five…

Foreign exchange regime not to favour special interests – CBN

The Central Bank of Nigeria (CBN), says the sale of foreign exchange (FX) under the…

Inflation is out of CBN’s control – expert

Dr Olusegun Omisakin,  the Head of Research, Nigerian Economic Summit Group (NESG), says rising inflation…

Heritage Bank moves to deepen support to agric value chain

Heritage Bank Plc has disclosed plans to revolutionise the agricultural value-chain field, particularly the rice…

Why small naira denominations are scarce

The Central Bank of Nigeria (CBN) has not printed the small naira denominations for about…