Fitch: Bank loans to government, high CRR put Nigerian Banks at risk
Fitch Ratings has warned that Nigerian banks face rising risks due to their heavy exposure to government debt and burdensome ...
Tag: CBN Reserves
What constitutes Nigeria’s external reserves?
Anytime we hear about foreign reserves, we just learn about the movement in the reserves, whether upwards or downwards. But ...
CBN pays $4.45 billion external debt to World Bank, others in 2-month
Latest data obtained from the CBN reveals that Nigeria paid a whopping sum of $4.45 billion as external debt service/payment ...
CBN blows $36 billion defending the naira in 2018, up 130% from 2017.
The Central Bank of Nigeria sold a whopping $36.6 billion in forex in 2018 according to a report released during ...
