Tag: Central Bank of Nigeria

By Arize Nwobu MON 01 MARCH, 2021-theGBJournal- The primary functions of central banks are, formulating and implementing monetary policy, regulating and supervising the banking and...

Nigerian banks now mandated to open USD bank accounts for those receiving international money transfers WED 17 FEB, 2021-theGBJournal- WorldRemit, a leading cross-border digital payments...

By Audrey Lotechukwu FRI 12 FEB, 2021-theGBJournal- President Muhammadu Buhari has approved the establishment of a Public-Private Partnership styled Infrastructure company named Infra-Co with an...

By Tolu Oyekan  WED 10 FEB, 2021-theGBJournal- As of this writing, the spread of COVID-19 in many African countries has been more contained, and the...

By Charles Ike-Okoh MON 08 FEB, 2021-theGBJournal- This is a clear case of two government regulatory agencies working at cross purpose. While The Central Bank of...

SAT 06 FEB, 2021-theGBJournal- The overnight (OVN) rate expanded by 700bps w/w to 18.0% as system liquidity (weekly average c. NGN224.52 billion) was squeezed...

  FRI 05 FEB, 2021-theGBJournal- Central Bank Governor, Mr Godwin Emefiele, said on Friday in Asaba, that the bank was partnering government at all levels...

By Azuka Christopher FRI 05 FEB, 2021-theGBJournal- The Central Bank of Nigeria (CBN) has reiterated its ban on crypto currency transactions by regulated institutions. Referencing its...

By Audrey Lotechukwu FRI 05 FEB, 2021-theGBJournal- Nigeria’s Infrastructure Concession Regulatory Commission (ICRC) has within a few months of its operation, banked N2,400,689,340.00 with the...

…NSE benchmark index advanced by 0.8% to 41,930.73 points following investors’ interests in bellwethers WED 27 JAN, 2021-theGBJournal- The overnight lending rate inched higher by...