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Home Tag CBN Economic Report

Tag: CBN Economic Report

CBN reveals framework for the N75 billion Youth Investment Fund, Economic Growth, CBN, Governor, Emefiele, CBN releases new capital base, sanctions for Microfinance Banks, Nigerian Banks broadly positive after naira devaluation, Naira hits N465 to $1, Central Bank begins disbursing $100million to hit at currency speculators, CBN appoints 3 Pre-Shipment Inspection and 2 Monitoring Agents for non-oil exports

CBN lends DisCos N18.5 billion to procure meters

by Abiola Odutola

January 27, 2021

The CBN has given a loan facility to DisCos in support of the Federal Government's National Mass Metering Programme.

land borders to be reopened soon, Finance, Ministaer, vow to recover AMCON debt through issuance of promissory notes, FG reiterates stance on IPPIS as ASUU threatens strike, Finance Minister, Zainab Ahmed identifies capital market as key driver for economic growth , Nigeria has paid $1.09 billion to service its debts in 2019 , Dividends on oil proceeds will be taxed - FG , State governments own most bad roads - Finance Minister says, Budget deficit increases by N351.98 billion, as FG misses revenue target, Economy: Funding MSMEs in Nigeria , Finance Bill: New tax regime to take effect from Jan 2 - FG , Again, Finance Minister argues that Nigeria is not in debt distress , ECOWAS: Single currency regime not kicking off in 2020 , FG: CBN holds N43 billion stamp duty charges collected by banks , FG may shift deadline to deactivate bank accounts without tax verification, Confusion as ministry and presidency disagree over Finance Act start date, 7.5% VAT: Implementation to begin Feb 1 – FG , Finance Minister: Nigeria to go into recession if ..., Foreign tech companies that will now pay tax to FGN: see the criteria

FG misses revenue target by N351.98 billion in October

by Titobioluwa Okunade

November 22, 2019

The Federal Government missed its revenue targets for the month of October, thereby increasing its 2019 budget deficit by N351.98 ...

Exchange rate depreciates at NAFEX window as forex liquidity drops further by 57%, Central Bank Continues intervention in Forex market to stabilize Naira, Naira to depreciate slightly over $1.52 billion maturing contracts expires, Naira hits N388.84 to $1 at the currency spot market, Investors and Exporters (I&E) window, Naira weakens against the dollar by 1.14% amidst uncertainty, Naira gains against the dollar at I&E window, forex liquidity up by 242%

CBN’s intervention in FX market hit $39 billion in 2018

by Bamidele Samuel Adesoji

February 27, 2019

The Central Bank of Nigeria (CBN)stabilized the Naira in 2018 by injecting $39.9 billion into the foreign exchange market (Forex). This ...

Nigeria Oil revenue, CBN, Crude Oil, Nigeria's crude oil sale in Q3 2018

Nigeria’s oil revenue hits N9.4 trillion in 2018

by Adaobi Nnadiukwu

February 5, 2019

According to the economic report released by the Central Bank of Nigeria (CBN) yesterday, for the fourth quarter of 2018, ...

Bureaux de Change operators kick against CBN’s new forex policy

Nigerian banks’ assets and liabilities hit N36.2 trillion

by Fikayo Owoeye

November 20, 2018

The Central Bank of Nigeria in its Q3 2018 Economic Report reveal the total liability and assets base.

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