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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CBN
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
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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
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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
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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,
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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
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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
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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
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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
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Foreign investors seek to exit naira assets, demand $1.8bn
Foreign investors are seeking to exit naira assets, with traders putting a backlog of demand for dollars at between $1.5bn
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