Tag: Central Bank of Nigeria

External reserves closed 2013 at $43.6bn

The external reserves on Tuesday closed 2013 at $43.6bn, approximately $500m below the $44.1bn recorded on December 28, 2012. According to the latest figure on the Central Bank of Nigeria website, the reserves dropped to $43.6bn on December 30, 2013. The $43.6bn also shows that the reserves fell by about […]

NNPC Fraud: CBN Governor Sanusi To Proceed On Post-Retirement Leave In March

Posted: Dec, 26 2013, 2:12PM By SaharaReporters, New York SaharaReporters has learnt that Nigeria’s Central Bank Governor, Sanusi Lamido Sanusi, will be forced to leave his post in March, 2014, two months before the formal expiration of his tenure. Two sources at the Presidency and a source at the Central […]

CBN Unveils Document on Financial Inclusion Strategy

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) -The Central Bank of Nigeria (CBN) has unveiled a document on its proposed financial inclusion strategy. The CBN in its executive summary of the document said it intends with other stakeholders to implement the financial inclusion in a way that there will be reduction […]