The Central Bank of Nigeria in its commitment to sustaining its foreign exchange (forex) liquidity has injected another $195 million into the interbank forex market, even as the naira maintains its strength. The $195 million intervention was made monday. Figures released by the bank showed that...

As the external reserves inched up to $34.3 billion last week, the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has predicted 7 percent increase in its accretion to reach $40 billion next year. According to the banking czar, who made the...

The Central Bank of Nigeria (CBN), has scored itself high in promoting inclusive growth and sustainable development as its intervention programmes have created over seven million jobs in the country. According to its acting Director of Corporate Communications Department, Mr Isaac Okorafor, who stated this...

The Senate has blamed the Central Bank of Nigeria in its investigation of the alleged illegal repatriation of $13.9bn by the telecommunication giant, MTN. Adopting the report by the Committee on Banking, Insurance and Other Financial Institutions on the probe at the plenary, the Senate...

The Central Bank of Nigeria (CBN) has formed strategic partnerships with agricultural commodity associations in the country in its effort to expand the implementation of the Anchor Borrowers’ Programme (ABP). Disclosing this in Abuja  the Acting Director in charge of Corporate Communications Department (CCD) at...

The Central Bank of Nigeria (CBN) has assured Nigerians that it would work aggressively towards increasing financial inclusion rate to 80 per cent, by cutting down the number of people excluded from the financial system to 20 per cent in the next three years...