CBN Boosts Foreign Exchange Market Liquidity With $210m     The Central Bank of Nigeria (CBN), on Monday injected 210 million dollars into the inter-bank Foreign Exchange Market, in its bid to sustain liquidity in the foreign exchange market. The Acting Director, Corporate Communications Department, CBN, Mr Isaac...

Emefiele Reiterates CBN’s Commitment To Development Of Agriculture   Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said that the apex bank remains committed to development of agriculture and allied products in the country. Emefiele who said this at the inauguration of the Sunti...

As Rising Reserves Calm Market, I&E Window Trades $1.4bn     The autonomous foreign exchange (forex) market- Investors and Exporters (I&E) Window hit a daily transactions’ value of $1.4 billion at the weekend, riding on increased confidence over Nigeria’s resurging external reserves. The development has also seen the...

CBN Introduces Regulation To Protect Stakeholders On Bills Payments   The Central Bank of Nigeria (CBN) has introduced guidelines for the regulation of bills payments aimed at protecting stakeholders in the system. Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele Among other things, the regulation...

CBN Liquidity Mop Up To Persist As N262bn Hits Interbank Market   As part of its liquidity management system, the Central Bank of Nigeria (CBN) is expected to mop up excess liquidity from the banking sector as open market operations (OMO) bill worth N261.9 billion hit...

CBN: Fed Govt Earns N658.6b From oil, Non-oil receipts About N658.56 billion was recieved by the Federal Government from oil and non-oil sectors, the Central Bank of Nigeria (CBN) Economic report released has said. The figure, which is for November, showed that oil receipts stood at...