The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureaux De Change (BDCs) at the rate of N1,580 to a...
The rising inflation rate will force Nigerian households to spend the largest amounts of their earnings on food in the next six months, a recent survey...
A Federal High Court in Abuja has issued subpoenas to the Governor of the Central Bank of Nigeria (CBN) and the Head of its Legal Services...
Nigeria’s foreign capital inflow fell to $770 million in April 2024, marking a 57.22 per cent drop from the $1.80 billion recorded in March 2024. The...
The Central Bank of Nigeria (CBN) has lifted its suspension on bank borrowing from its Standing Lending Facility (SLF). Following the 296th Monetary Policy Committee (MPC)...
The Central Bank of Nigeria (CBN) on Tuesday announced a surge in remittance inflows, totaling $553 million for the month of July 2024. This, according to...
Former Central Bank of Nigeria (CBN) Godwin Emefiele allegedly orchestrated the printing of one billion pieces of N100 banknotes and the production of 5,000 pieces of...
The Federal Government has launched $500 million domestic bond, about three weeks after hinting at the action. Unveiling the bond in Lagos on Monday, the Minister...
The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports. CBN’s spokesperson, Sidi Ali Hakama, disclosed this in a statement on...
President Bola Tinubu may have capitulated to political intrigues in the Presidency as well as other vested interests and called off his earlier resolve to sanitise...
