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Harmonisation of Clearing Cycles to Three Working Days.
The Management of the Central Bank of Nigeria has approved the harmonisation of the clearing cycle for upcountry and local payment instruments to three working days with effect from 5th May 2008. Click here for details

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Up-coming Events

CBN All Financial Institutions Football Competition
May 4 - 31, 2008 - Lagos, Lagos State
CBN Senior Open Tennis Championship
May 15 - 24, 2008 - Lagos, Lagos State

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Wholsale DAS

Date Total Sold
5/7 Auction No. 34 held with 6 Banks biding for a total of $0.00 (the lowest bid was $0.00). Total amount sold was $12,000,000.00. Click on date to see the detailed breakdown of the auction. ($12,000)
5/5 Auction No. 33 held with 16 Banks biding for a total of $0.00 (the lowest bid was $0.00). Total amount sold was $14,000,000.00. Click on date to see the detailed breakdown of the auction. ($14,000)
4/30 Auction No. 32 held with 6 Banks biding for a total of $0.00 (the lowest bid was $0.00). Total amount sold was $12,000,000.00. Click on date to see the detailed breakdown of the auction. ($12,000)
Note.: the above figures are in thousands of U$D.
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Exchange Rates (NGN)
WAUA187.7446
$USD116.68
CHF110.5343
SDR188.4032
SAR31.1147
£GBP228.3194
€EUR179.2321
As at May 08, 2008
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Facts : 1/1/1900
Operation Feed the Nation (O.F.N.):Operation Feed the Nation was introduced by the federal military government headed by General Olusegun Obasanjo in 1979.It had the specific focus of increasing food production on the premise that availability of cheap food would ensure a higher nutrition level and invariably lead to national growth and development.OFN lasted till the civilian government of Alhaji Shehu Shagari in 1979.
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