CBN disagrees with IMF, says land border closure boosting local production
The CBN has disagreed with the International Monetary Fund (IMF) on the impact of the closure of Nigerian land borders.
Nigerian banks are stronger than ever – CBN
The CBN has declared all Nigerian banks strong and healthy even though some of them failed their routine stress tests.
CBN moves to tighten regulations on Fintech firms
CBN has taken steps to increase supervision and regulation of FinTech companies such as Ren Money, Piggyvest, and others.
Land border closure, daily fuel consumption drops by 8 million litres
The closure of the land borders by the Federal Government has cut down the consumption of Petrol (Premium Motor Spirit)...
FAAC disburses N327.68 billion to States and LGAs in September, as allocation drops again
The FAAC disbursed the sum of N327.68 billion to the 36 states and the 744 local governments in September 2019.
Nigeria generates over N1.2 trillion oil revenue in 3 months, up by 44.1%
The latest Economic Report released by CBN for August 2019 showed that Nigeria generated over N1.2 trillion in oil revenue...
Lenders increase unsecured loans to households in Q3 2019 – CBN
The latest credit condition survey report released by the CBN disclosed that unsecured lending to households increased in the third quarter...
Nigeria earns over N103 billion from cocoa export in 2018
Nigeria earned over N103 billion from cocoa commodity export in the year 2018. This was disclosed by Mr. Segun Awolowo, the...
