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
Read more
CBN
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
Read more
Nigeria’s forex scarcity, huge blow to investor confidence – Rewane’s FDC
The Financial Derivatives Company Limited has said the scarcity of foreign exchange in Nigeria is a huge blow to investor
Read more
We’ll boost external reserves to defend naira – CBN
The Central Bank of Nigeria has said it will strive to increase its foreign exchange reserves to safeguard the value
Read more
Nigeria’s external reserves resume falling streak after $36.59bn high
Nigeria’s foreign exchange reserves have pared some of the recent gains after hitting a 2020 high of $36.59 billion last
Read more
ANALYSIS: Did Tinubu’s opinion influence CBN interest rate decision?
In a surprise move on Thursday, the Central Bank of Nigeria cut its key interest rate, the Monetary Policy Rate,
Read more
Nigeria can avoid economic recession, says CBN
The Monetary Policy Committee of the Central Bank of Nigeria has said the country can avoid an economic recession this
Read more
CBN cuts interest rate to 12.5%, lowest in four years
The Monetary Policy Committee of the Central Bank of Nigeria has reduced the Monetary Policy Rate by 100 basis points
Read more
Nigeria’s external reserves hit $35bn after tumbling to $33bn
Nigeria’s foreign exchange reserves have risen by $1.51bn in the last two weeks to hit $35bn. The reserves, which closed
Read more
CBN guarantees investors of dollars for funds repatriation
Investors interested in repatriating their funds from the country are guaranteed to get their money, despite the drop in Nigeria’s
Read more