Tag: Isaac Okorafor

The CBN introduced the N50 billion stimulus package for small businesses affected by coronavirus stay in business and not lay ...

All banks are directed to resolve backlog of ATM, POS and web customer refunds within two weeks, the CBN said.

The MPC is a committee of experts of the CBN responsible for formulating monetary and credit policies.

The CBN said it was resuming with the provision of over $100 million per week for both categories.

The CBN and Aliko Dangote were so far the highest contributors of N2 billion each.

CBN urges members of the public to disregard any message requiring them to pay any amount to process their applications.

The CBN said the list of 37 donors include individuals, banks and other corporate organisations.

The CBN and Aliko Dangote are the highest contributors so far with a donation N2 billion each.

On Thursday, the naira slipped to over N400 against the dollar, raising fears of further depreciation among Nigerians.

The CBN told this newspaper that, rather than filing a lawsuit against the defaulting farmers, the government "only extended the ...

The new dates for the meeting is Thursday and Friday, January 23 and 24.

The CBN also made intervention of 15 million Chinese Yuan

The bank reaffirms commitment towards ensuring stability in foreign exchange market.

The director reiterated that the bank’s management was satisfied with the continued stability in the foreign exchange market.

He said the CBN remained pleased with the prevailing stability in the Nigerian foreign exchange market.

The rate of exchange between the Naira and the U.S. dollars in the BDC segment of the market on Tuesday ...

The bank also injected 39.69 million CNY in the spot and short-tenured forwards segment of the inter-bank foreign market.

The bank has in the past few years been intervening in the foreign exchange market to stabilise the naira.

The CBN in a statement by its spokesperson, Isaac Okorafor, denied any money was either stolen or missing from is ...

Last Friday, the CBN injected about $247.8 million.

Naira on Tuesday, January 29 continued to exchange at an average of N360/$1.

A review of records, data and field reporting point to an answer.

An official says in spite of activities of speculators, the CBN is ready to play its interventionist role in the ...

The CBN had sanctioned MTN and four banks.

The Naira on November 27 exchanged at an average of N362/$1 in the BDC segment of markets across Lagos and ...