Data from the National Bureau of Statistics (NBS) reveal that Nigeria’s inflation rate increased by 12.34% (year-on-year) in April 2020. This is 0.08% higher than the rate of 12.26% recorded in March 2020 and the highest rise since April 2018.
Flour Mills of Nigeria Plc has redeemed its N1 billion pledge to the CBN-led Private Sector Coalition against COVID-19 (CACOVID) fund.
As you may well know, the Coronavirus pandemic has come with its devastating impacts on the social/economic lives of people around the world. The CBN is, therefore, putting measures in place to deal with the aftermath of the pandemic.
A new report by Fitch has downgraded Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) to a 'B' rating.
How to invest in treasury bills even if you don’t have N50 million
Nigeria’s foreign reserves depleted by $1 billion in August 2019, this is reflected in data published on the Central Bank of Nigeria (@cenbank) website. According to the CBN, the foreign grossly depleted and currently stands at $44 billion
Buhari orders probe of past administrations over $9 billion U.K judgment
Nigeria's external reserves have rallied and hit $45bn mark in May 2019, which represents 8months high. This is revealed in data obtained on the Central Bank of Nigeria (CBN) official webpage.
The @cenbank disclosed that over N190 billion has been disbursed to more than 1.1 million smallholder farmers through the Anchor Borrowers Programme. This was disclosed, yesterday, by the CBN Governor, Godwin Emefiele
@centbank is scheduled to hold a Treasury Bills (T-Bills) Primary Market Auction (PMA) on 16th May 2019 and this is how you can participate.
The Central Bank of Nigeria (CBN) in conjunction with the Bankers' Committee, has finally unveiled the Creative Industry Financing Initiative (CIFI), which will enable businesses to obtain loans up to the tune of N500m.
Nigeria's inflation rate which has dropped for three consecutive months in 2019 is expected to moderate around the double-digit for the next one year.
