Tag: Nigeria Central Bank

Nigeria’s central bank holds benchmark lending rate at 12.5 pct

LAGOS (Reuters) - Nigeria’s central bank held its benchmark lending rate at 12.5%, the central bank governor said on Monday. Godwin Emefiele said eight of the 10...

Nigeria’s central bank responds to MTN with a counterclaim, what you need to know…

MTN has received the central bank’s response to its court filing.

Nigeria’s central bank cancels Monetary Policy Committee, rates retained

Nigeria’s central bank said on Monday a key interest rate setting meeting intended for January 22-23 will not be held.

Nigeria central bank injects $210MN into currency market

Nigeria’s central bank said on Tuesday it had injected $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages. The bank said in a statement it...

Nigeria’s real estate sector outlook

Nigeria’s real estate sector outlook

Nigeria’s central bank to sell dollars to airlines, fuel importers

LAGOS (Reuters) - Nigeria's manufacturers, airlines, fuel importers and agriculture businesses will be able to buy dollars at a special market intervention to clear a backlog of foreign exchange obligations now due,...

Nigeria central bank lifts currency ban for small imports

Nigeria's central bank has lifted a ban on currency allocation for importers bringing in goods worth up to $20,000 per quarter, it said in a circular seen by Reuters on Thursday. The bank...

Nigerian central bank trying to make FX rates converge

Nigeria's central bank has been working to make the exchange rates for its currency converge on the official and black markets, its spokesman said, and plans to offer $100 million on the...
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