CBN
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Economy
Nigeria’s foreign reserves plunge to $38.3bn
The Central Bank of Nigeria has revealed that the nation’s external reserves at the end of September dropped to $38.318…
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Economy
We raised interest rate to control inflation – CBN
The Central Bank of Nigeria on Wednesday disclosed that the Monetary Policy Rate was increased by its Monetary Policy Committee…
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Economy
eNaira hits 905k downloads
At least 905,588 Nigerians have downloaded the eNaira on the Apple and Google application stores, the Central Bank of Nigeria…
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Uncategorized
CBN raises interest rate to 15.5%
To tame rising inflation, the Central Bank of Nigeria’s policy-setting committee has raised the monetary policy rate to 15.5 per…
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Economy
Prepare for recession, World bank warns CBN
The World Bank on Thursday issued a warning to the Central Bank of Nigeria and other central bank across the…
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Economy
CBN responsible for export exchange rate – NCS
The Nigeria Customs Service said the Central Bank of Nigeria is responsible for the exchange rate increase on imported goods.…
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Banking
Trapped forex: CBN releases $265m to airlines
In a move to curtail the crisis parading the aviation sector, the Central Bank of Nigeria released the sum of…
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Banking
eNaira hits $9m transactions, 840k downloads
The eNaira has recorded ₦4 billion ($9.3 million ) transactions and 840,000 app downloads, Gadgets Africa reports. This comes a…
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News
CBN opens eNaira to USSD transaction
Beginning next week, Nigerians will be able to access eNaira through the Unstructured Supplementary Service Data code on their mobile…
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Economy
Harmonise foreign exchange rate – Group tells CBN
The Nigerian Economic Summit Group has urged the Central Bank of Nigeria to harmonise foreign exchange rates as the nation…
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