The Governor of Nigeria’s central bank, Mr. Godwin Emefiele on Thursday met with President Mohammadu Buhari at the presidential villa, Abuja. Speaking to newsmen at the end of the meeting, Emefiele…
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Category: Economy
( Updated) CBN’s Policy on 41 Items Remains in Place
The central bank of Nigeria, CBN, has responded to media reports that it has conditionally lifted the ban it placed on 41 items listed as not legible for forex allocation. In…
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Senate postpones 2017 budget report presentation
The senate has postponed the presentation of the 2017 budget report proposal earlier scheduled for to today to Tuesday next week. The committees of appropriation of both the senate and…
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FOREX: Dealers fail to subscribe fully to CBN $100m offer
The Central Bank of Nigeria (CBN) says authorized dealers were able to subscribe to $65.94 million out of the $100 million offered by it at the inter-bank wholesale transactions concluded…
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CBN bars erring banks from SME Wholesale Forex window
Following persistent complaints that some deposit money banks (DMBs) have deliberately frustrated efforts by many small and medium enterprises (SMEs) to access forex from the new window created by the…
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