Central bank of nigeria news today
Here are the latest news and updates from the Central Bank of Nigeria (CBN):
Recent News and Updates:
- CBN Injects $210m into Foreign Exchange Market: The CBN has injected $210 million into the foreign exchange market to boost liquidity and stabilize the naira. This is the third time the bank has intervened in the market this year. (Source: Vanguard)
- CBN to Introduce New Guidelines for Microfinance Banks: The CBN has announced plans to introduce new guidelines for microfinance banks in Nigeria. The guidelines aim to improve the operations and stability of microfinance banks in the country. (Source: ThisDay)
- CBN to Review Monetary Policy Rate: The CBN has hinted that it may review the monetary policy rate (MPR) at its next monetary policy committee (MPC) meeting. The MPR is currently at 13.5%. (Source: Punch)
- CBN to Implement New Cashless Policy: The CBN has announced plans to implement a new cashless policy in Nigeria. The policy aims to reduce the use of cash and promote electronic payments. (Source: Daily Trust)
- CBN to Provide N500bn Credit to Farmers: The CBN has announced plans to provide N500 billion credit to farmers in Nigeria. The credit facility is aimed at boosting agricultural production and improving food security in the country. (Source: Leadership)
Recent Press Releases:
- CBN Press Release: CBN Injects $210m into Foreign Exchange Market (Source: CBN Website)
- CBN Press Release: CBN to Introduce New Guidelines for Microfinance Banks (Source: CBN Website)
- CBN Press Release: CBN to Review Monetary Policy Rate (Source: CBN Website)
Recent Speeches:
- Speech by the Governor of the CBN, Godwin Emefiele, at the 2023 Annual Bankers' Committee Retreat (Source: CBN Website)
- Speech by the Deputy Governor of the CBN, Aisha Ahmad, at the 2023 Microfinance Bankers' Conference (Source: CBN Website)
Please note that the information provided is subject to change and may not be up-to-date. It is always best to check the official website of the Central Bank of Nigeria or other reputable sources for the latest and most accurate information.