Pre-election Spending Can Destabilise Forex Market: CBN Gov
Nigeria’s gross foreign exchange reserves have climbed to $50.4 billion, the highest level in 13 years, but central bank governor
Read more
Olayemi Cardoso
Nigerian Banks Raise N4.05trn as Recapitalisation Deadline Nears
Nigerian banks have raised a total of N4.05 trillion in new capital ahead of the Central Bank of Nigeria’s (CBN)
Read more
Nigeria’s Forex Reserves Top $50bn, Highest in 13 Years
Nigeria’s gross foreign exchange reserves have hit $50.4 billion, the highest point in 13 years, the governor of the central
Read more
Naira’s best performance in April ‘a charade’, says Rewane
Bismarck Rewane, an economic expert and managing director of Financial Derivatives Company Limited, has said the rally in the naira
Read more
NNPC to keep ‘significant portion of revenues’ with CBN
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mele Kyari, and the Governor of
Read more