Central Bank of Nigeria
CBN plans 2nd Chinese Yuan auction
The Central Bank of Nigeria has asked traders to submit their bids for the Chinese Yuan, in its second auction. Nkechi Ezugha, Currency Trader at UBA joins CNBC Africa for a review of activities in Nigeria’s fixed income and forex market this week.
CBN introduces revised forex manual
The Central Bank of Nigeria says changes effected in the revised Foreign Exchange Manual will take effect today, as the apex bank moves to enhance transparency of transactions and streamline documentation requirements for FX transactions.
Nigeria's FX reserves drop 0.34% to $48bn in June
Fresh data from the Central Bank of Nigeria shows that Nigeria's forex reserves fell by 0.34 per cent to $48bn in June.
How Africa can create the right ecosystem to drive industrialisation
Emir of Kano and Former governor of the Central Bank of Nigeria, Muhammadu Sanusi says improved transparency and how governments prioritise national revenues can go a long way to free up funds to drive industrialisation on the continent.
CBN boosts forex liquidity with $210mn
As players in Nigeria's fixed income space await the results of today's primary market auction, the Central Bank of Nigeria boosted liquidity in the foreign exchange space with the sale of 210 million dollars.
Alleged Disappearance of $150,000 IAAF money: Reps to investigate AFN
The House also resolved to summon the Minister of Sports, Solomon Dalung and Central Bank of Nigeria officials over alleged disappearance of 150,000 dollars from the International Amateur Athletic Federation (IAAF) to the Athletic Federation of Nigeria (AFN).
CBN, FIRS, others to meet to review Financial System Strategy 2020
The Central Bank of Nigeria, Federal Inland Revenue Service and other agencies involved in the administration of the Financial System Strategy 2020, are scheduled to meet today to review and deliberate on the Financial System Strategy 2020.
Barclays Bank pulls out as financial adviser for 9mobile sale
Barclays Africa has pulled out as the financial adviser over the sale of 9mobile, this came after the Central Bank of Nigeria questioned the bank’s transparency in the bidding process of the telecommunication firm.