FG borrows additional N3.8trn from CBN in six months
The Federal Government in what appears to be Ways and Means has…
CBN’s moves to stabilise naira commendable – Osun cleric
The aggressive policies introduced by the Governor of the Central Bank of…
CBN sells dollars to BDCs at N1,021/$ as naira falls
The Central Bank of Nigeria has issued a circular to all Bureau…
CBN reduces banks’ loan-deposit ratio to 50%
The Central Bank of Nigeria has reduced the loan-to-deposit ratio of commercial…
Nigeria’s FX reserves shrink linked to debt repayments – CBN
The Central Bank of Nigeria has thrown more light on the reasons…
Nigeria’s FX reserves shrink, sparks naira float speculation
The Nigerian foreign reserves are depleting at a pace not observed in…
Keyamo affirms airline industry’s FX backlog cleared
The Minister of Aviation and Aeronautics, Festus Keyamo said the Central Bank…
Bankers worry over 12,000 job losses
The Nigeria Labour Congress, NLC, and the Association of Senior Staff of…
Naira sells at N1262 against dollar
The naira, on Wednesday, continued its gain against the United States dollar,…
Nigerian banks, others borrowed N30.45tn from CBN in Q1 2024 – Report
Nigerian banks and merchant banks in the first quarter of this year,…
CBN drops exchange rate for import duties to N1303/$1
The Central Bank of Nigeria has reduced the exchange rate for customs…