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FG to maintain current forex policy — Lai Mohammed

By Yinka Kolawole, with agency report The Minister of Information, Lai Mohammed, has said that the current policy of multiple exchange rates for the naira is working well, and as such the Central Bank of Nigeria (CBN) is unlikely to change it anytime soon. Alhaji Lai Mohammed Nigeria has maintained multiple exchange rates since currency […]

CBN’s Forex Policy Working, FG Insists

CBN Governor, Mr. Godwin Emefiele Obinna Chima with agency report The Central Bank of Nigeria’s (CBN) current foreign exchange (forex) policy is working well and is unlikely to be changed anytime soon, the Minister of Information, Alhaji Lai Mohammed, said Thursday. He also commended efforts of the CBN Governor, Mr. Godwin Emefiele, in ensuring exchange […]

Make Multimillion Naira From Cassava Farming

Cassava products are in very high demand all over the world for the production of various products and compounding of animal feeds. The advent of global warming has put cassava on the front burner as a prime raw material for the production of ethanol which does not emit carbon dioxide unlike fossil fuels. High cost […]

Nigeria may retain current forex policy

CBN Gov Emefiele Post Views: 104 By Jeph Ajobaju, Chief Copy Editor Abuja says the policy of multiple exchange rates for the naira is delivering results and is not in a hurry to tinker with it, a nod to the Central Bank of Nigeria (CBN) which props up the currency against the United States dollar. […]

FOREX: CBN supplies $254.8m, CNY 35.8m to retail market

The Central Bank of Nigeria (CBN) on Thursday boosted the retail Secondary Market Intervention Sales (SMIS) market with the supply of about $254.8million. The CBN spokesperson, Isaac Okorafor, said the bank also injected about CNY 34.8million in the spot and short-tenored forwards segment of the inter-bank foreign market in deals released on Thursday. Mr Okorafor […]

CBN Injects $254.8m, CNY35.8m into Forex Retail SMIS

Thursday, April 18, 2019  05:34 PM / CBN   Following the injection of $210 million into the wholesale segment of the Inter-Bank Foreign Exchange market on Tuesday, April 16, 2019, the Central Bank of Nigeria (CBN) has intervened in the retail Secondary Market Intervention Sales (SMIS) with the sum of $254.8million.  The Bank also injected the sum of CNY […]

First female Director of Currency Operations at the CBN

Share Tweet Share Share Email First female Director of Currency Operations at the CBN – Priscillia Eleje. Ever since the institution of the official Nigerian currency, no female signature has ever been on the Naira note until Priscilla Ekwere Eleje broke the record and made history. For the first time in Nigeria’s history, the signature […]

Wema Bank Targets N1trn Capital Base In Next Few Years — Economic Confidential

Wema Bank Targets N1trn Capital Base In Next Few Years Buoyed by its 2018 financials and performance in which it prescribed the payment of 3kobo dividend per share for the first time in 15 years, the management of Wema Bank Plc has said it is targeting a trillion naira asset base over the next few […]

8 things you don’t know about CBN’s Priscilla Ekwere Eleje

Nairametrics highlights the 8 things you probably didn’t know about Priscilla Ekwere Eleje, who recently made history as first woman to have her …

1st woman with her signature on 1000 Naira note

Priscilla Ekwere Eleje has just become the first Nigerian woman to ever have her signature on the 1000 naira note. New naira notes will now bear her signature as well as that Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN). This groundbreaking moment occurs 59 years after the Nigerian currency was created. Brief Profile Mrs. Eleje is […]

59 Years CBN Record

Godwin Emefiele Breaks 59 Years CBN Record, Changes The ‘Face’ Of The Naira · April 17, 2019 · Fola. Insiders at the Central Bank of Nigeria have …

Daily Update: Investors Oversubscribe One Year T-Bill by 7 times Offer

Welcome to daily performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price. This report is dated April 17th, 2019. ***Nigeria Gets $247m Loan for Power, Infrastructure Development*** Key Indicators Bonds The FGN Bond market was scantily traded in today’s session, with […]

CBN Gov Akinsola Ak🇳🇬’s tweet For the very first time in Nigeria’s 59-year history, the signature of a woman, Priscilla Ekwere Eleje, goes on the naira. Eleje, who has been Acting Director of currency and operations at the Central Bank of Nigeria (CBN) has been confirmed substantive Director “

Another Record.For the very first time in Nigeria’s 59-year history, the signature of a woman, Priscilla Ekwere Eleje, goes on the naira. Eleje, who has been Acting Director of currency and operations at the Central Bank of Nigeria (CBN) has been confirmed substantive Director

Mrs Priscilla Ekwere Eleje Becomes The First Woman To Have Her Signature On The 1000 Naira Note

Mrs Priscilla Ekwere Eleje has made history by becoming the first woman to have her signature on the 1000 Naira note. Mrs Ekwere Eleje is the first female Director of Currency Operations at the Central Bank of Nigeria, CBN. She has also been confirmed as the substantive director of […]