Home / Tag Archives: CBN (page 10)

Tag Archives: CBN

June, 2018

  • 23 June

    Buhari Appoints New CBN Directors, Others

    President Muhammadu Buhari has approved the appointment of new directors of the Central Bank of Nigeria and other federal institutions while extending the tenure of others. The announcement was made in a statement by Olusegun Adekunle, Permanent Secretary, General Services office, office of the Secretary to the Government of the …

  • 21 June

    Again, CBN Injects $210m Into Forex Market

    The Central Bank of Nigeria has made available the sum of $210m to meet customers’ requests in various segments of the foreign exchange market. The CBN said in a statement on Wednesday that $100m was offered to authorised dealers in the wholesale segment of the market, while the Small and …

  • 14 June

    ICPC Urged To Probe CBN Over Missing N55bn

    Debo Adeniran, the Chairman of the Centre for Anti-Corruption and Open Leadership, CACOL, has urged the Independent Corrupt Practices and Other Related Offences Commission, ICPC, to probe the Central Bank of Nigeria, CBN, over alleged missing N55 billion. The alleged missing N55 billion is an allocation meant for the funding of the …

  • 13 June

    CBN Pumps $210m Into Forex Market

    The Central Bank of Nigeria, CBN, on Tuesday injected 210 million dollars to meet customers’ requests in various segments of the foreign exchange market. The acting Director, Corporate Communications, CBN, Isaac Okorafor in a statement in Abuja said the bank offered 100 million dollars to authorised dealers in the wholesale …

  • 9 June

    Buhari Appoints Shonubi CBN Deputy Governor

    President Muhammadu Buhari has approved the nomination of Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of Nigeria (CBN), subject to Senate confirmation. Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, made this known in statement in Abuja on Friday. Shonubi replaces …

  • 6 June

    Naira Drops At Parallel Market

    Barely eight hours after the Central Bank of Nigeria (CBN) reviewed the exchange rate of the Naira against the Dollar at the parallel market, it lost 50 kobo. The Nigerian currency was sold at N360.5 to the dollar at the parallel market in Lagos on Tuesday, the News Agency of …

  • 3 June

    CBN Boosts Forex Market With $331M

    The Central Bank of Nigeria, CBN, continued its intervention on the Interbank Foreign Exchange Market. The CBN on Friday with an injection of 331.41 million dollars to alleviate dollar shortages. The funds were allocated to companies in the agricultural, airline, petroleum and machinery sectors. Isaac Okorafor, CBN’s spokesperson, said the …

  • 1 June

    Adelabu Resigns As CBN Deputy Governor

    Adebayo Adelabu, deputy governor in charge of operations at the Central Bank of Nigeria, CBN, has tendered his letter of resignation. According to a statement released by Isaac Okorafor, CBN spokesman, on Thursday, President Muhammadu Buhari has accepted his resignation. “While appreciating your services in the Central Bank of Nigeria …

May, 2018

  • 27 May

    CBN Directs Banks To Sell Forex To Travellers Over The Counter

    The Central Bank of Nigeria, CBN has mandated banks to sell forex to travellers over the counter with the presentation of passports and air tickets. Isaac Okorafor, Acting Director of Corporate Communications, CBN, said this in a statement on Saturday. He said the bank also ordered BDCs to access dollars …

  • 23 May

    CBN Pumps $210m Into Forex Market

    The Central Bank of Nigeria, CBN, has made available 210 million dollars to meet customers’ requests in various segments of the foreign exchange market, Isaac Okorafor, the acting Director, Corporate Communications,  CBN,  said in a statement. Okorafor stated in the statement on Wednesday in Abuja that CBN offered 100 million …

WhatsApp Newsbreak