‘Forex cut for milk importation not political’ — CBN
The Central Bank of Nigeria (CBN) says its decision to restrict forex for the importation of milk has no political ...
Sunday, June 21, 2026
Tag: CBN
Nigeria rate cut coming as global monetary easing cycle gains momentum
By Lukman Otunuga Unfavourable macroeconomic conditions across the globe have prompted major central banks to embark on a monetary easing ...
CBN injects another $210m into forex market
Kenneth Afor The Central Bank of Nigeria says it has injected another $210 million into the Nigerian inter-bank foreign exchange ...
CBN grant banking licences to Titan Trust, Globus, Taj
The Central Bank of Nigeria (CBN) has added three new banks to the list of deposit money banks and financial ...
CBN plans repositioning Nigerian bank’s LDR to par with other countries
The loan to deposit ratio (LDR) of the Nigerian banking industry measures low when pitched against what is obtainable in ...
Inflation fears force CBN back from global monetary easing bandwagon, but rate cut remains in pipeline
Nigeria's central bank's Monetary Policy Committee (MPC) refused to join a global monetary easing bandwagon when it chose to keep ...
Withdrawal of forex for milk importation imminent – Emefiele
...as apex bank retains MPR at 13.5% The Central Bank of Nigeria (CBN) on Tuesday doused speculations about the monetary ...
CBN confirms plans to restrict forex for milk importation
Godwin Emefiele, governor of the Central Bank of Nigeria, has confirmed that the bank will restrict forex for the importation ...
No restrictions on banks from investing in treasury bills, says CBN
The Central Bank of Nigeria (CBN) yesterday dismissed reports that it had barred commercial banks from investing in treasury bills. ...
Fidelity Bank looks to refinance existing bonds with N50bn fresh debt
Fidelity Bank is looking to refinance its existing bonds by selling up to N50 billion ($163.2 m) in Tier II ...
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.