Tag: CBN
CBN directs banks to trade freely, as Naira hits N755/$ ‘officially’
The naira is currently trading at N750-N755 per dollar at the investors and exporters window, which is the official market. Sources familiar ...Debt servicing hits $112m monthly, says CBN
The Federal Government spent $112.35m servicing external debt in January 2023. Data from the Central Bank of Nigeria’s Weekly International Payments showed ...BVN has no expiry date, CBN clarifies
The Central Bank of Nigeria has said the bank verification number it issues in collaboration with Nigeria Inter-Bank Settlement System does not ...57.4 million, out of 200 million Nigerians, have BVN – CBN
The Central Bank of Nigeria has said only 57.4 million Nigerians have Bank Verification Number (BVN). Central Bank of Nigeria (CBN) Governor, ...It is fraudulent! CBN disowns recruitment portal seeking BVN details
The Central Bank of Nigeria has dissociated itself from a recruitment portal created in its name and inviting Nigerians to submit applications ...External reserves fall by $1.46bn in two months, says CBN
Nigeria’s external reserves fell by $1.46bn between January and March, figures obtained from the Central Bank of Nigeria have revealed. The reserves ...CBN increases interest rate to 18%
The Central Bank of Nigeria’s Monetary Policy Committee has voted to increase the benchmark interest rate by 50 basis points to 18 ...Currency in circulation now N982bn, says CBN
On the back of the naira redesign policy of the Central Bank of Nigeria, the currency in circulation in the country dipped ...It’s a lie! CBN counters IMF, says 52% of Anchor Borrowers’ Programme loans repaid
The Central Bank of Nigeria has said N503 billion of loans under its Anchor Borrowers’ Programme has been repaid. This figure represents ...Direct CBN to obey Supreme Court order on old notes, Akeredolu tells Buhari
Ondo State Governor, Mr Rotimi Akeredolu, has called on President Muhammadu Buhari-led Federal Government to obey the Supreme Court’s judgment on the ...
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