Tag: Cbn
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CBN not using foreign reserves to defend Naira — Cardoso
The Governor of the Central Bank of Nigeria (CBN) Mr. Olayemi Cardoso, said yesterday that the apex bank is not defending the Naira with...
CBN offloads more than $300 million to banks, contributing to the strengthening of the naira
The Central Bank of Nigeria injected over $300 million into Deposit Money Banks in the last two weeks as part of determined efforts to...
The Senate will investigate the Buhari administration and Emefiele regarding CBN loans totaling N30 trillion
On Tuesday, the Senate decided to investigate the acquisition and utilization of the N30 trillion Ways and Means loans by the Central Bank of...
CBN divides a $134 million bank transfer to prevent any infractions, according to the AuGF report
The recent Auditor General of the Federation report reveals that the Central Bank of Nigeria, during the previous administration, divided a $134 million transfer...
Banks offload $3.3 billion amid the Central Bank’s efforts to counter a renewed decline in the naira
The naira experienced a renewed decline in both the official and parallel foreign exchange markets on Friday.
The national currency depreciated to N1,670/$ from the...
