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...
The Central Bank of Nigeria (CBN) said the Foreign Exchange Manual, Memorandum 20 section 2 (vi) applies to both divestments and repatriation of all Certificate of...
The Central Bank of Nigeria (CBN) has sold $876.26 million to end users through 26 banks in an effort to stabilize the declining naira. In a...
The Central Bank of Nigeria (CBN) has approved the proposed merger between Unity Bank Plc and Providus Bank Limited. CBN’s spokesperson, Sidi Ali Hakama, disclosed this...
