Isaac Okoroafor

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has disclosed that he will unfold a new roadmap for the Bank and the economy, in the days ahead, after series of consultations with critical stakeholder groups.

A group, Yoruba Youth Democratic Movement (YYDM), has condemned what it called blackmail by some people who are against the re-appointment of the governor of the Central Bank of Nigeria (CBN), Dr. Godwin Emefiele.

The Director, Corporate Communications, Central Bank of Nigeria (CBN), Mr Isaac Okoroafor, said that no money is missing or stolen from the bank’s coffers as reported in some section of the media.

The Central Bank of Nigeria (CBN) says it has so far cumulatively disbursed N174. 48 billion through 19 financial institutions under its Anchor Borrowers Programme since 2015.

The Central Bank of Nigeria has said the country attracted $6 billion foreign investments in the first three months of the year.

The Central Bank of Nigeria, CBN, has refuted a front-page news story of Business Day which claims that faceless agents pocket over N32bn annually in profit from the foreign exchange market with the aid of CBN officials.

The World Bank has once more reduced its growth projection on Nigeria in 2018 to 1.9 per cent, down from the 2.1 per cent it had estimated for the country in April.

The Central Bank of Nigeria has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments of the market.

The Central Bank of Nigeria (CBN) has estimated its first auction of the Chinese Yuan Renminbi (CNY) at N3.6 billion, an exchange rate between N49 and N51 per Yuan.

The Central Bank of Nigeria (CBN), on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange market to meet customers’ requests in various segments of the market.

Acting Director, Corporate Communications of the Central Bank of Nigeria (CBN), Mr. Isaac Okoroafor, says the apex bank resisted suggestions to float the Naira when the country was battling with economic recession.

As the Central Bank of Nigeria (CBN) at the weekendordered all Deposit Money Banks (DMBs) to sell forex to travellers over the counter, the Association of Bureaux De Change Operators of Nigeria (ABCON) has kicked against the order calling on the regulator to review BDC’s dollar purchase rate to align with rate commercial banks’ buying rate.

The Central Bank of Nigeria (CBN) on Sunday directed all commercial banks and Bureau de Changes (BDCs) to sell foreign exchange (Forex) to all eligible travelers over the counter, regardless of their customer status.

The Central Bank of Nigeria has denied reports that a section of its head office in Abuja was razed by fire on Tuesday evening.

The Central Bank of Nigeria (CBN) is relishing the success of its monetary policy, especially regarding the foreign exchange, as the efforts have been finally acknowledged by the international financial community.

Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has assigned duties to the newly appointed Deputy Governors who assumed duty on March 28.

Mrs Aisha Ahmad, and Mr Edward Adamu have formally assumed office as Deputy Governors of the Central Bank of Nigeria (CBN), following the confirmation of their appointments on March 22 by the Senate.

The Central Bank of Nigeria (CBN), on Tuesday intervened in the inter-bank sector of the Foreign Exchange market to the tune of $210 million.