Nigeria at risk of ‘future debt servicing challenges’, CBN warns
The Monetary Policy Committee of the Central Bank of Nigeria has said the Federal Government’s recurrent expenditure remained relatively high
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CBN
Naira falls to 475/$1 as dollar shortage persists
The naira fell to 475 against the dollar at the parallel market on Monday, paring some of its recent gains,
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Diaspora remittances: Audit IMTOs’ accounts properly, CBN orders banks
The Central Bank of Nigeria said on Friday that Deposit Money Banks must ensure that proper audit of International Money
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Nigeria’s forex reserves hit seven-month low
Nigeria’s foreign exchange reserves have dropped below $35 billion to the lowest level in seven months. The reserves fell to
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Diaspora remittances: IMTOs opposed new CBN policy, says Emefiele
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, said on Thursday that some International Money Transfer Operators
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VAT hike, naira devaluation, others worsen inflation – CBN gov
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said inflation in the country was worsened by
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Naira in free fall, slumps to 495 against dollar
The naira fell to a new record low against the United States dollar on Thursday, trading near 500/$1 at the
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Nigeria’s external reserves resume decline, fall to $35.72bn
Nigeria’s foreign exchange reserves have started falling again, losing $23 million in the six days to last Thursday, according to
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Exports: Shippers, airlines defy CBN’s directives, face sanctions
The Central Bank of Nigeria said on Tuesday that its directives on exports of goods from the country had not
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Nigerian central bank cuts interest rate to 11.5%
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate, also known as
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