Central Bank of Nigeria Archives

Senate confirms seven MPC members’ appointments

The Senate, on Wednesday, confirmed the nominations of seven members of the Monetary Policy Committee of the Central Bank of Nigeria. The confirmation of the nominees followed the consideration and adoption of the report by the Senate Committee on Banking, Insurance, and Other Financial Institutions on the nominees. The Chairman of the committee, Senator Uba […]

agencyreport
24th March 2022
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New naira'll make ransom payment difficult - CBN

Policy and Regulations

CBN sets N1m limit for cash collection centres

The Central Bank of Nigeria has pegged the minimum transaction limit for corporate and individuals transacting with Bank Neutral Cash Hubs at N1m and N500,000 respectively. The banking regulator disclosed this in a guideline for the registration and operation of Bank Neutral Cash Hubs in Nigeria released on Monday. It said, “The threshold for eligible […]

agencyreport
15th March 2022
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Economy

FG inaugurates 35-hectare Imo farm estate

THE Federal Government has inaugurated the rehabilitated 35-hectare Achara-Ubo Emekuku Integrated Farm Estate in Imo State, engaging about 1,000 farmers in the project. It said the rehabilitated farm estate, which was abandoned for about 30 years, now had six poultry houses with 18 pens that contain about 15,000 birds, three goat houses with 196 goats […]

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14th March 2022
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217 Views

Policy and Regulations

CBN releases operating guidelines for R200 policy

The Central Bank of Nigeria has released guidelines for the operationalisation of its R200 policy. The apex bank recently initiated the R200 policy in an effort to reduce exposure to volatile sources of foreign exchange and to earn more stable and sustainable inflows. The policy is aimed at raising 200 billion dollars in Foreign Exchange […]

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6th March 2022
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262 Views

Italy warns Russian tanker poses environmental threat

Sri Lanka declares Wednesdays holidays to conserve fuel

Nigeria secures £746m UK deal to modernise seaport

Mastercard to acquire BVNK in $1.8bn stablecoin push

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Some Populer Post

Nigeria’s balance of payment surplus drops 38% to $4.23bn

Nigeria, UK sign $500m diary project deal to boost

Naira holds steady at ₦1,357/$ amid oil price surge

Imported petrol cheaper than local by ₦94.53/litre — MEMAN

Tag: Central Bank of Nigeria

Senate confirms seven MPC members’ appointments

CBN sets N1m limit for cash collection centres

FG inaugurates 35-hectare Imo farm estate

CBN releases operating guidelines for R200 policy

Nigeria’s balance of payment surplus drops 38% to.

Nigeria, UK sign $500m diary project deal to.

Naira holds steady at ₦1,357/$ amid oil price.

Imported petrol cheaper than local by ₦94.53/litre —.

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