Naira falls to 480/$ despite rising forex reserves
The naira extended its decline on Tuesday, falling to 480 against the dollar at the parallel market, despite the rise
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CBN
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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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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