The net foreign exchange inflow to the Nigerian economy in the third quarter of the year decreased by 2.97 per cent to $14.46bn from $14.89bn in the preceding quarter.
Browsing: CBN
Central Bank of Nigeria (CBN) has called on bank customers to report any difficulties encountered while withdrawing cash from bank branches or ATMs, effective December 1, 2024
Central Bank of Nigeria (CBN) has increased the interest rate by 25 basis points to 27.50% to tackle the rising inflation rate, which stood at 33.87% in October 2024.
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has highlighted the need to address the shortage of skilled professionals in finance-related disciplines across Nigerian universities.
World Bank has said that Nigeria, Angola and Sierra Leone, with double-digit inflation and weakened domestic currencies, will maintain a high interest rate for a long
Central Bank of Nigeria (CBN) has released a total sum of $2.97bn to oil sector players for the importation of petroleum products and other related items into the country.
Central Bank of Nigeria (CBN) has maintained its Ways and Means Advances to the federal government at a 5 per cent limit for the fiscal years 2024-2025, despite a bill
Central Bank of Nigeria (CBN) has expressed optimism about the Federal Government’s recent measures to address the food supply deficit, which is expected to help
CBN) has commended the Federal Government’s efforts to improve domestic refining capacity, a move that is expected to reduce the country’s
Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has said that Nigerians are facing the consequences of excess money supply into the economy, citing the N27tn Ways
World Bank has stated that monetary policy tightening by the Central Bank of Nigeria (CBN) may not rein in inflation and remains a risk to Nigeria’s growth outlook.
By Kabir Abdulsalam The Central Bank of Nigeria (CBN) has called for a renewed focus on monitoring and evaluation (M&E)…