Tag: CBN

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Nigeria’s domestic debt decline marginally, Says CBN

The Central Bank of Nigeria, CBN, yesterday disclosed that the country’s outstanding domestic debt declined by N146 billion to N12. 4 trillion as at December 2018, from 12. 6 trillion in the corresponding period of 2017.

CBN Records Low Patronage in Commercial Banks’ Borrowing

The level of banks’ patronage of the Central Bank of Nigeria’s (CBN) window to borrow cash to boost their operations decreased in 2018, compared to the previous year, due to improved system liquidity.

Senate Screens Godwin Emefiele as CBN Governor for Second Term

The Senate has commenced the screening of Godwin Emefiele as Governor of Central Bank of Nigeria (CBN) for a second term of office.

CBN To Take Legal Action Over ‘Stolen’ N500 billion Allegation

The Central Bank of Nigeria (CBN) has threatened to take a legal action over the N150 billion reported to have been stolen from its coffers, insisting the money wasn’t stolen but given to states as part of a N650 billion loan.

Large Chunk of Over 8 Billion Naira in Circulation Suffers Abuse by Nigerians– CBN

The Central Bank of Nigeria, CBN, has disclosed that there are over 8 billion pieces of different denominations of Nigerian currencies valued at N2.15billion in circulation in the country as at March 2019.

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