Central Bank of Nigeria
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Economy
Real reason Naira is appreciating massively against dollar – CPPE
His comments come as the Naira gained N127 to close at N1,535 per dollar on Friday last week compared to…
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Economy
$1bn inflow target: CBN holds talks with IMTOs to raise remittance
The Central Bank of Nigeria (CBN) says it engaged leading international money transfer operators (IMTOs) to raise remittance inflows to…
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Economy
Fake alert: No deadline on circulation of old naira notes – CBN
The Central Bank of Nigeria has announced that there is no deadline on the circulation of old N200, N500 and…
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Economy
External reserve hits $40bn as FG targets $1bn monthly inflow – CBN
The Central Bank of Nigeria (CBN) has disclosed that the external reserve has hit $40.2 as at the end of…
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Economy
Nigeria’s foreign reserves rose to $39bn in October, says CBN gov
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the country’s foreign reserves rose by 12.74 percent to…
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Economy
Net foreign exchange inflow rises 67% to $27.6bn
Consequently net forex inflow through the CBN rose 170 per cent, YoY to $1.86 billion in H1’24 from -$2.65 billion…
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Economy
Higher interest rates will lower inflation – CBN Gov, Cardoso
He acknowledged that the bank’s policies are gradually steering the economy in the right direction, though challenges remain.
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Economy
$543.5m FX sold to authorised banks at N1,540/$ in Sept. – CBN
On September 19, it sold $28m at the rate of N1,540-N1,555 to 14 banks, while it disbursed $31m to 14…
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Economy
Our services have been restored, says Zenith Bank
The statement read, “Dear Valued Customer, We sincerely apologize for the service disruptions you experienced recently on our banking channels.
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Economy
NG@64: FG has cleared N30tn CBN Ways Means loan – Tinubu
According to him, his administration in the last 16 months has made gains in retooling and repositioning Nigeria’s economy.
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