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Nigerian External Reserves Rise to Stand At $33 Billion
The Central Bank of Nigeria (CBN) disclosed on its website on Friday that the nation’s external reserves stands at $33 billion as at January 4 which represents an increase of $70 million from the $32.93 billion recorded as at December 22.
Central Bank of Nigeria Sells $396m Worth of Treasury Bills
The Central Bank of Nigeria (CBN) has sold about $396 million worth of treasury bills for 91-day and 182-day tenure. How People Arrived Here: nigeria treasury bills, treasury bills in nigeria
Governor of the Central Bank of Nigeria Adjusts the Naira Against the Dollar
The Governor of the Central Bank of Nigeria (CBN), Mallam Lamido Sanusi has said that the exchange rate of the local currency, the naira against the dollar has been adjusted from N150 to N155 for $1. How People Arrived Here: governor of central bank of...
Central Bank of Nigeria Urges ECOWAS Member States to Reform the Banking Sector in Their Countries
A regional conference jointly organized by the West African Institute for Financial Growth and Management (WAIFEM) and ECOWAS opened on Monday in Abuja in which the Central Bank of Nigeria (CBN) has urged member states to reform the banking sector in...
Central Bank of Nigeria Indicates Desire to Use Pension Funds on Infrastructure
The Central Bank of Nigeria (CBN) is not happy with the idleness of the more than $135 billion pension funds and instead mulls over staking the government to spend the money on massive infrastructure development.
Nigerian Senate Orders Central Bank of Nigeria to Increase Cash Withdraw Policy
The Nigerian Senate has ordered the Central Bank of Nigeria (CBN) to increase the amount of money an individual could withdraw across the counter in its new Retail Cash Collection Policy.
Nigeria Establishes $500m Eurobond to Set Benchmark for International Borrowing
The Central Bank of Nigeria (CBN) has disclosed that Nigeria has set up $500 million Eurobond that will set benchmark for borrowing on the International Capital Market.
Finance Houses Association of Nigeria Predicts Rapid Growth of Nigerian Economy in 2011
The Finance Houses Association of Nigeria (FHAN) said on Saturday that the Nigerian economy will witness rapid growth in 2011 because of the measures put in place by the Federal Government. How People Arrived Here: National Cashew Association Nigeria,...
