CBN begins refund of N35m deposit to BDC promoters
Following the discontinuance of foreign exchange sales to Bureau de Change operators, the Central Bank of Nigeria said on Thursday
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CBN
Naira weakens further to 506 against dollar
The Nigerian currency fell against the dollar at the parallel market on Friday to a new record low. The naira
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Nigeria limits sugar imports to Dangote, two other firms
The Central Bank of Nigeria has said only three companies will be allowed to import sugar into the country. The
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Naira weakens to 505 against dollar as forex reserves dip
The Nigerian currency fell against the dollar at the parallel market on Friday as the country’s foreign reserves look set
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Nigeria’s forex reserves fall below $34bn despite oil rally
Nigeria’s foreign exchange reserves have dropped below $34 billion despite the rally in the price of crude oil, the major
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Nigerian govt’s reliance on central bank financing worrying: Capital Economics
The Nigerian government’s growing reliance on the Central Bank of Nigeria for the financing of budget deficits is certainly worrying,
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Nigerian central bank to unveil digital currency this year
The Central Bank of Nigeria has said it will launch its digital currency before the end of this year. The
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Naira falls to 498 against dollar as forex reserves dip
The Nigerian currency has weakened further against the dollar at the parallel market, moving closer to 500/$1. The naira exchange
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Nigeria’s forex reserves shed $650m in April, CBN data show
Nigeria’s foreign exchange reserves declined by $650 million last month, according to data from the Central Bank of Nigeria. Markets
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Nigeria’s forex reserves tumble to one-year low
Nigeria’s foreign exchange reserves have fallen to the lowest level in more than a year, the latest data from the
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