CBN

FG disburses N38Billion Abacha loot to the poor The Special Adviser to the President on Social Investments, Mrs Maryam Uwais, has said that the Federal Government has been channelling the recovered Abacha loot and the International…
Read More...

The Central Bank of Nigeria (CBN) on Monday offered $195m in three segments of the Foreign Exchange Market to boost liquidity in the operation. The CBN’s Acting Director, Corporate Communications Department, Mr Isaac Okorafor, in a…
Read More...

A breakdown of the forex intervention figures obtained from the Bank indicates that the Retail Secondary Market Intervention Sales (SMIS) received the largest allocation of $267,336,426.74. The CBN also offered the sum of $100,000,000 as…
Read More...

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate, which is the benchmark lending rate, at the current 14 per cent. The decision to leave the rate unchanged was contrary to…
Read More...