…as money in circulation hit N4trn Growing erosion of confidence in the banking sector occasioned by cash withdrawal limits and other disincentives to banking is triggering...
Nigerian Federal Government’s fiscal deficit increased month-on-month (MoM) by 0.1 percent to N824.79 billion in April from N823.91 billion in March, according to the Central Bank...
–Experts raise fresh inflation, debt fears Recent decision by the Senate and House of Representatives to increase the limit within which the Federal Government can borrow...
The Central Bank of Nigeria (CBN) in a bid to reduce demand pressure in the FX market and promote price discovery undertook the sale of foreign...
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...