Economy
News and analysis on the Nigerian economy
[New Circular] CBN tells Importers to go to the ‘sharks’ if they want forex
In addition to issuing a new circular listing 41 items now designated as "Not Valid for Forex", the CBN has...
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CBN says Govt. did not over spend 2014 Budget by N482billion but by N365billion
The Central Bank of Nigeria (CBN) on Tuesday described as erroneous reports in the media that the federal government overspent...
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Nigeria has already spent half its 2015 budgeted borrowings on overheads
The Nigerian finance Minister Ngozi Okonjo Iweala has said that Nigeria has already used half the borrowing allowance it has...
Read more![[BUDGET] Lame duck Senate pass 2015 budget without fuel subsidy](https://nairametrics.com/wp-content/uploads/2015/04/Senate.jpg)
[BUDGET] Lame duck Senate pass 2015 budget without fuel subsidy
The Nigerian senate passed the nation's 2015 budget on Tuesday assuming a lower oil price benchmark of $53 per barrel,...
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CBN CIRCULAR: ATM withdrawal limits abroad does not apply to domiciliary account holders
The Central Bank of Nigeria (CBN) yesterday said the $50,000 per person, per annum limit for use of naira debit...
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This is the official CBN circular reducing dollar usage from naira debit cards to $50,000
It is official, the Central Bank of Nigeria has now reduced the limit a person can spend from their naira...
Read moreThis Is The Full 2015 Nigerian Budget Speech (Updated)
The Budget office finally released the full transcript of the 2015 Budget speech which is much more comprehensive than the...
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It’s Deficit Upon Deficit: Analysis of Nigeria’s Budget vs Actual Since GEJ Last Won An Election
They have come again! The Minister of Finance, Ngozi Okonjo Iweala last week presented the 2015 Federal Budget. The budget...
Read moreThis New CBN Circular Targets Customers Who Buy Forex
The Central Bank of Nigeria has issued a new circular targeting customers who purchase Forex from the inter-bank market. The...
Read moreThe CBN Just Threw The Kitchen Sink At Shady Forex Traders With This New Circular
The Central Bank Governor yesterday in a surprise move issued a circular instructing banks to keep a net zero position...
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