CBN

October 27, (THEWILL) - The Central Bank of Nigeria (CBN), has said that by October 31, another batch of $120 million will be released to foreign airlines whose funds were trapped in the country. The amount is part of the...

October 26, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele has explained the reasons for the sudden policy of redesigning the nation’s currency notes – the N200, N500 and N1,000 with immediate effect. The apex bank...

October 26, (THEWILL) - The Central Bank Governor, Mr. Godwin Emefiele, Wednesday announced the redesign and issuance of new bank notes to fight counterfeiting and hoarding of the local currency. Here is the full text of his briefing. PRESS REMARKS...

October 26, (THEWILL) - The Central Bank of Nigeria (CBN) has announced the approval by President Muhammadu Buhari, to redesign the N100, N200, N500, and N1000 notes. This was disclosed by the CBN Governor, Godwin Emefiele, during a special briefing...

October 25, (THEWILL) – The Central of Nigeria (CBN) has released the supervisory framework for Payment Service Banks (PSBs) which, among other things, empowered the PSB operators to sell foreign currencies, especially dollars, to authorised foreign exchange dealers. The CBN...

Emerging economies across the would especially countries across sub sahara Africa have always had a date with debt servicing. And this alone is causing a huge deficit to their domestic fiscal policies. A situation that many of this emerging...

October 21, (THEWILL) - The National Economic Council (NEC) has resolved to review the Central Bank of Nigeria’s (CBN) plan to commence deductions from state governments’ share of the monthly federal allocations. The deductions are for the repayment of...

October 20, (THEWILL) - The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON), have announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100 percent of the equity in Polaris...

The Real Sector Development Initiatives of the Central Bank of Nigeria (CBN) were introduced to stimulate and sustain growth in key sectors of the economy, revive moribund projects, empower the youth population, explore the untapped potential in various economic...

October 16, (THEWILL) – The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, the Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba and other experts from the global international markets, will lead the discussions...