The total net credit by the Nigerian banking sector to the government increased by N2.2tn in the first quarter ended March 2022 to N16.32 trillion, according...

Nigeria’s external reserves increased by $243.83m in 19 days, data from the Central Bank of Nigeria (CBN) show. The apex bank’s data on movement in reserves...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained interest rates at 11.5 per cent. The apex bank disclosed this on...

BY EMEKA EJERE Expectations are high that the RT 200 Forex Programme of the Bankers Committee and the Central Bank of Nigeria (CBN) will achieve its...

By ADEBAYO OBAJEMU Ports operations at both Tin-Can Island and the Ports & Terminal Multipurpose Limited have come to temporary halt, following the beginning of the...

OBINNA EZUGWU The Central Bank of Nigeria (CBN) has launched what it called “RT200 FX Programme,” which according to it, stands for the “Race to US$200...

OBINNA EZUGWU The Central Bank of Nigeria (CBN), working with Deposit Money Banks (DMBs) and participating financial institutions, granted over N3 trillion in intervention loans to...

BY EMEKA EJERE It will take a lot more efforts for Nigeria to get to its destination in the journey to self-sufficiency in the production of...

Commercial and merchant banks in Nigeria borrowed the sum of N9.17 trillion from the Central Bank of Nigeria (CBN) through its Standing Lending Facility (SLF) window...