CBN
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CBN targeting to reduce Inflation to 21% in 2024, says Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says Nigeria’s inflationary pressure will drop from 28.92…
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Nigeria spends $40 billion on foreign education and medical tourism – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says an estimated $40 billion is spent of foreign…
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CBN has no plans to convert domiciliary accounts into Naira
The Central Bank of Nigeria (CBN) says it has no plans to convert domiciliary account holdings valued at 30 billion…
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CBN guidelines on Forex will stabilise Naira, says NGO
The Independent Media and Policy Initiative (IMPI), says the new policies introduced by the Central Bank of Nigeria (CBN) will…
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Naira devaluation: Bank customers decry increasing pains, hardship
Bank customers resident in the Federal Capital Territory (FCT) have decried the continuous fall of the naira to the dollar.…
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CBN removes the allowable limit on fx rates quoted by IMTOs
The Central Bank of Nigeria (CBN), has removed the allowable limit of exchange rate quoted by the International Money Transfer…
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As Naira hit all-time low, Senate summons CBN Gov. on state of economy
The Senate, through its committee on Banking, Insurance and other Financial Institutions has summoned the Governor of Central Bank of…
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CBN concludes Forex payment of verified airlines claims
The Central Bank of Nigeria (CBN) says it has concluded the payment of all verified claims by airlines with an…
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CBN clears more verified Forex liabilities with $500m
The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to…
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Economic doom: How President Tinubu can arrest the Naira
By Nnanke Harry Willie Nigeria’s currency, the Naira is on a rollercoaster ride to the abyss. The immediate effect is…
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