CBN Disburses N49bn COVID-19 Intervention Fund To 80,000 Beneficiaries     The Central Bank of Nigeria (CBN) has so far disbursed N49 billion out of its N50 billion Targeted Credit Facility meant to cushion the impact of the COVID-19 on the economy. Also, its Business Expectations Survey Report...

CBN Resumes Dollar Sales For SMEs, School Fees     The Central Bank of Nigeria has resumed provision of foreign exchange to all commercial banks for onward sales to parents wishing to pay school fees and Small and Medium Enterprises. The CBN Director, Corporate Communications, Mr Isaac Okorafor...

Inter-bank Market: CBN Injects $341.75m, CNY14.7m As Interventions   The Central Bank of Nigeria (CBN) has intervened in the Retail Secondary Market Intervention Sales (SMIS) with $341.75 million and CNY14.7mn for the inter-bank foreign market. CBN Director, Corporate Communications Department, Mr. Isaac Okorafor disclosed this last Friday...

1.1 million Jobs Created Through Agric Intervention - CBN   The Central Bank of Nigeria on Thursday said it had created a total of 1.13 million jobs along the various agricultural value chains. It said through its various interventions in the sector, capacity utilisation of agro-allied companies...

CBN Sustains Forex Intervention, Injects Fresh $210m The Central Bank of Nigeria (CBN), on Tuesday, July 17, 2018 injected the sum of $210 million into the inter-bank foreign exchange (forex) market. The Bank offered $100million to authorized dealers in the wholesale segment of the market, while...

Forex: CBN Okays Wider Margin For BDCs ...Boosts Liquidity With $210m The Central Bank of Nigeria has approved an upward review of the trading margin available to operators of Bureau De Change in the country. The Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor, confirmed this...