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Nigeria: Senate to CBN - Convert Lower Currency Notes Into Coins
Vanguard, 24 May 2017
The Senate, yesterday, urged the Central Bank of Nigeria, CBN, to urgently convert lower currency notes into coins to facilitate retail transactions in the country. Read more »
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Nigeria: Senate Wants Lower Naira Notes Changed to Coins
Premium Times, 23 May 2017
The Central Bank of Nigeria should convert the country's lower currency notes into coins to facilitate "highly repetitive" retail transactions, the Senate said Tuesday. Read more »
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Nigeria: Govt's Borrowing Excessive - CBN
Vanguard, 24 May 2017
The Central Bank of Nigeria, CBN, has expressed concern over the borrowing activities of the federal government, saying the pace of government's borrowing has exceeded the target… Read more »
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Nigeria: CBN Retains Interest Rate At 14 Percent
Leadership, 24 May 2017
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) yesterday retained the Monetary Policy Rate at 14 per cent once again due to current uncertain economic… Read more »
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Nigeria: CBN Injects Another $186.5 Million Into Forex Market
Guardian, 24 May 2017
The Central Bank of Nigeria (CBN) yesterday injected another $186.5 million into the foreign exchange (forex) market, primarily targeted at the invisible and the Wholesale… Read more »
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Nigeria: Naira Watch - CBN Injects $186.5 Million for Invisible, SMEs As Naira Stable At N379/$
Vanguard, 23 May 2017
The Central Bank of Nigeria (CBN) injected $186.5 million into the foreign exchange market even as the naira remains stable at N379 per dollar in the parallel market. Read more »