CBN

June 23, (THEWILL)- The Central Bank of Nigeria (CBN) and the Rice Farmers Association of Nigeria (RIFAN) have concluded plans to distribute 27,000 metric tonnes of rice paddies directly to millers nationwide from Thursday. The direct allocation from RIFAN warehouses...

June 11, (THEWILL)- The Central Bank of Nigeria (CBN) says it will launch its own digital currency before the end of 2021. Digital currency is a form of currency that is available only in electronic form. Cryptocurrencies such as Bitcoin...

June 11, (THEWILL)- The Central Bank of Nigeria (CBN)  has issued stern warnings against spraying, selling and mutilation of naira notes, practices it says can land perpetrators in jail. Expressing worry over the act, which it said is becoming common...

A curious revelation was made recently by the Central Bank of Nigeria when its Acting Director, Corporate Communications, Osita Nwanisobi, declared that the response of the South-East geopolitical zone to the apex bank’s intervention programmes in agriculture was not...

...Spotlight on Roles of  BOI, SON BEVERLY HILLS, May 30, (THEWILL) – It has been established that the African Continental Free Trade Area (AfCFTA) agreement will unlock significant growth opportunities in Nigeria; then flow into the wider continental window.  However, the benefit...

BEVERLY HILLS, May 25, (THEWILL) – The Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN), has voted unanimously to retain the Monetary Policy Rate (MPR) at 11.5 percent. It also retained the Cash Reserve Ratio and Liquidity Ratio...

BEVERLY HILLS, May 25, (THEWILL) – The Central Bank of Nigeria (CBN) has officially made the NAFEX Investor and Exporter forex window rate of N410.25 as its official exchange rate to the dollar. It confirmed this new official rate on its...

BEVERLY HILLS, May 14, (THEWILL) - S&P Global Ratings said changes to the boards of First Bank of Nigeria Limited and FBN Holdings (FBNH) Plc, recently directed by the Central Bank of Nigeria (CBN), addressed the banking group’s corporate...

BEVERLY HILLS, May 07, (THEWILL) - The Central Bank of Nigeria (CBN) has extended indefinitely its "Naira 4 Dollar Scheme" earlier scheduled to end on May 8, 2021. The apex bank disclosed this on Thursday in a circular to all...

BEVERLY HILLS, May 06, (THEWILL) - Banks Directors Association of Nigeria (BDAN) has thrown its weight behind the action taken by the Central Bank of Nigeria (CBN) to steer First Bank on course. THEWILL reports that the apex bank had...