CBN – Page 16 – Maritime First Newspaper

PENGASSAN, NUPENG begin strike to worsen current fuel crisis

… As Oil sector operators fault CBN’s policy on dollar transaction. Hopes of a timely end to the current fuel scarcity dimmed further yesterday as the...

Archives9 years ago

CBN Retains Interest Rate at 13% Harmonises CRR at 31%

Desirous of stimulating financial market liquidity and spur economic growth, the Central Bank of Nigeria’s (CBN’s) monetary policy committee (MPC) on Tuesday harmonised both the private...

Archives9 years ago

CBN to Push for Amendment of Foreign Exchange Act

As part of efforts to halt the seeming dollarisation of the Nigerian economy and also combat money laundering, the Central Bank of Nigeria (CBN) has concluded...

Archives9 years ago

Publication of bank-debtors: Shareholders react, back CBN

During the last banks’ crash, the then CBN Governor, Lamido Sanusi, published the names of banks’-debtors,which made him the enemy of the powerful-blocs; while many of...

Archives10 years ago

Price stability: Expert commends CBN for adopting “float’’ exchange rate mechanism

A financial expert, Mr Sewa Wusu, has commended the Central Bank of Nigeria (CBN) for adopting the “float’’ exchange rate mechanism to ensure price stability. Wusu...

Archives10 years ago

Experts Laud Closure of Official Forex Window By CBN

Following the closure of the official foreign exchange window by the Central Bank of Nigeria (CBN) yesterday, analysts have lauded the move which they say would...