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Tag Archives: Isaac Okorafor

Success stories of ABP spur CBN to inject additional N45bn

CBN emefiele 2

The observed success story coming from the performance of the Central Bank of Nigeria’s (CBN) Anchor Borrowers’ Programme (ABP), have encouraged the bank to continue to inject additional fund for ...

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Experts fault CBN’s claims of inflationary pressure for not cutting banks’ lending rates

CBn Emefiele

Nigerians have reacted to a recent comment by an official of the Central bank of Nigeria (CBN), saying that the apex bank may not reduce the benchmark lending rate anytime ...

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Zenith Bank leads other 7 in continued SMEs forex window after sack of 16 violators

CBn Emefiele

For keeping to the laid down due process in the administration of Small and Medium Scale Enterprises (SMEs) window of the foreign exchange market access, the Central Bank of Nigeria ...

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CBN moves to boost forex liquidity, improve access to SMEs and retail businesses to forex.

smes logo

Relying on the introduction of the use of Form X, for the Small and Medium-scale Enterprises (SMEs) seeking to purchase foreign exchange from the Central Bank of Nigeria (CBN), analysts ...

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CBN’s new special forex window for SMEs’ll drive cut forex settlement period

CBN emefiele 2

Analysts have hailed the tactics used by the Central Bank of Nigeria (CBN) to open a special foreign exchange window for the Small and Medium Enterprises (SMEs), saying it would ...

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CBN begins tightening of liquidity with seven to 30-day maturity Forwards sale

CBN MPC meeting

Indications have emerged that the combination of foreign exchange (forex) and Treasury Bills (T-Bills) auctions by the Central Bank of Nigeria (CBN) last week, calmed the quantity of money in ...

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CBN deepens forex rates convergence drive, crashes BDC rate to N360 to sell at N362 only

CBN MPC meeting

All most 24 hours after the Central Bank of Nigeria (CBN) directed Deposit Money Banks (DMBs) in the country to sell foreign exchange obtained from it to retail end-users at ...

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CBN again, injects $195mn to saturate ease of access at forex market on naira gain

The sustained but momentary recovery of naira at the interbank market received another boost Tuesday as the Central Bank of Nigeria (CBN) released another lump of $195 million. Acting Director ...

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