Tag
CBN
This could be a long summer or holidaymakers and businesses looking for forex.
The CBN has made numerous attempts to defend the Naira, but the currency has massively declined by N29 in the second quarter of 2022.
The Nigerian economy is starved of foreign exchange as currency traders continue to lament tightened forex liquidity...
The Central Bank of Nigeria has announced a significant adjustment to the Quick Response (QR) Code Framework...
The CBN has stated that the total assets of the banking industry grew by 20.97% from N53.17 trillion in April 2021 to N64.32 trillion in April 2022.
The CBN has issued guidelines for improved cyber security in the Nigerian financial sector, especially among the Other Financial Institutions (OFIs).
A stock market crash will adversely affect the personal consumption of a nation which is a core component of Gross Domestic Product (GDP).
The World Bank has stated that Nigeria's external reserves are expected to decline as the CBN is expected to clear $1.7 billion worth of FX backlog...
The World Bank has stated that CBN's multiple exchange rates, trade restrictions, and the financing of the public deficit continue to damage the business environment.
A former Director of the CBN has called on the FG to consider building new refineries in order to meet domestic demands for petroleum products.
The World Bank has stated that CBN's low-interest loans undermine commercial banks that lend on a risk-adjusted pricing basis...
The CBN Governor, Dr. Godwin Emefiele, has urged operators in the non-oil export industry to provide a dedicated route for exporters.