Central Bank of Nigeria
-
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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.
Read More » -
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…
Read More » -
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.
Read More » -
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.
Read More » -
Economy
Nigeria’s money supply increased to N107.1tn in August – CBN
Despite the rise in M2, CBN Governor, Olayemi Cardoso announced a plan to inject another N1.4 trillion into the country’s financial…
Read More »