By Chioma Obinagwam As the Monetary Policy Committee (MPC) of Nigeria’s apex bank, the Central Bank of Nigeria (CBN), warm-ups for its 268th meeting, reactions have...
Nigeria’s foreign reserves depleted to 6 weeks low in July, declining by a whopping $81.10 million. This is reflected in the latest data released by the...
The Central Bank of Nigeria has warned Nigerians to restrain from defacing the Naira, describing such act as criminal and an affront on national pride. According...
The Nigerian Association of Chambers of Commerce Industry Mines and Agriculture (NACCIMA) will be working with the Central Bank of Nigeria (CBN) to make sure that...
Banks in the country have successfully linked 38 million accounts with the bank verification numbers (BVN), according to the Central Bank of Nigeria. As part of...
The Central Bank of Nigeria is said to have spent a whopping $2.04 billion alone in May to sustain the improved liquidity and relative stability in...
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has announced that the apex bank is set to recapitalise Nigerian commercial banks. This...
The Central Bank of Nigeria have injected over $42.3 billion into the foreign exchange market between April 2018 and March to ensure liquidity in that segment...
The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Kadiri, has expressed the association’s full support for the Central Bank of Nigeria’s policy on...
Rising importation of goods and services in Nigeria is once again taking a toll on the economy, as a report on Nigeria’s balance of payment shows...