The Central Bank of Nigeria (CBN) sold foreign currencies worth $106.5 million to authorised dealers on Thursday and Friday. CBN which disclosed this in a statement...
Borrowings by banks from the Central Bank of Nigeria (CBN) Standing Lending Facility (SLF) rose Year-on-Year by 458.2 percent to N57.5 trillion in the first...
The plan by the Federal Government to extend the lifespan of the 2023 Appropriation Act and Supplementary Appropriation Act till December 31 alongside the 2024 Appropriation...
Higher loan inflows in to Nigeria increased capital importation into the country in January 2024 by 19 percent month-on-month, MoM, to $330 million from $280 million...
Arguments against continuous monetary policy tightening by the Central Bank of Nigeria (CBN), as a sure way of reining in inflation has received international boost, with...
The Alaigbo Development Foundation (ADF) has accused the government of Bola Tinubu of engaging in mass sack of Igbo staff of the Central Bank of Nigeria...
The Central Bank of Nigeria (CBN) has expressed dismay over the late and non-rendition of periodic returns on FinA by Primary Mortgage Banks (PMBs). The Apex...
The Central Bank of Nigeria has (CBN) has asked the Nigeria Customs Service to use the closing foreign exchange (FX) rate on the date of opening...
…as it intensifies fight against inflation, FX volatility The Central Bank of Nigeria (CBN), is vigorously pursuing a target of bringing inflation rate down to...