Central Bank of Nigeria - Page 11

How will COVID-19 impact Nigerian banks’ half-year earnings?

This month marks a year since the Central Bank of Nigeria introduced the Loan-To-Deposit-Ratio policy. Nigeria's apex bank says banks total credit rose to 3.1 trillion naira on the performance of the…

5 years ago

by Abiodun Ogundairo

CBN injects $280mn into forex market

Interventions by the Central Bank of Nigeria continued with a fresh injection of 280 million dollars across the markets to meet dollar demand.…

8 years ago

Business·News

CBN raises banks’ forex borrowing limit

The Central Bank of Nigeria raised the limit on foreign currency borrowing for banks to 125 per cent of shareholders' funds from 75 percent. Lami Adekola, co-founder and Director, Hamilton and George…

8 years ago

Business·News

CBN makes new moves to lure foreign investors

The Central Bank of Nigeria says its plans to begin forex auctions in the spot market and open a special window for foreign investors to trade freely and repatriate dividends.…

8 years ago

Business·News

CBN sells $100mn to SMEs

The Central Bank of Nigeria made spot sales totalling 100 million US dollars to interested Small and Medium Enterprises through a special window for small-scale importers.…

8 years ago

Business·News

Naira weakens despite CBNs moves

Despite the moves by the Central Bank of Nigeria to improve dollar liquidity, the naira weakened against the dollar at the parallel market on Wednesday to about 398 naira to the dollar.…

8 years ago

Business·News

Nigeria stocks start week in negative

Nigeria's bourse closed negative on Monday, as investors took profit from a number of counters. Meanwhile, the Central Bank of Nigeria on Monday disbursed a total of 240 million dollars to retail…

8 years ago

Business·News

CBN to announce new rate for BDCs

The Central Bank of Nigeria says it will announce a new rate for retail exchange bureaus today and start bi-weekly currency dollar sales to the BDCs this week.…

8 years ago

National·News

CBN to begin sale of forex to BDCs twice weekly

The Central Bank of Nigeria says it would begin the sale of foreign exchange to Bureau De Change Operators twice a week from Monday.…

8 years ago

Business·News

CBN, NDIC worry over non-performing loans

The Monitory Policy Committee of the Central Bank of Nigeria and The Nigeria Deposit Insurance Corporation recently raised the red flag over the rise in toxic loans in Nigeria's banks.…

8 years ago

GTV Exclusive

CBN to sell N234bn T-bills next week

The Central Bank of Nigeria plans to sell about 234 billion naira of short-dated treasury bills next week to help finance the government's budget deficit and curb rising inflation.…

8 years ago

Business·News

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Central Bank of Nigeria - Page 11

How will COVID-19 impact Nigerian banks’ half-year earnings?

CBN injects $280mn into forex market

CBN raises banks’ forex borrowing limit

CBN makes new moves to lure foreign investors

CBN sells $100mn to SMEs

Naira weakens despite CBNs moves

Nigeria stocks start week in negative

CBN to announce new rate for BDCs

CBN to begin sale of forex to BDCs twice weekly

CBN, NDIC worry over non-performing loans

CBN to sell N234bn T-bills next week

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